CHINA-US: CHINESE VICE PREMIER LIU HE HAS VIDEO CALL WITH U.S. TREASURY SECRETARY JANET YALLEN
On October 26, Chinese Vice Premier and economic czar Liu He held a video call with US Treasury
Secretary Janet Yellen. Few details are available, but the US Treasury’s summary said: “[T]hey discussed
macroeconomic and financial developments in the United States and China” and that “Secretary Yellen
also frankly raised issues of concern.” Equally succinct was China's Ministry of Commerce (MofCOM)
statement which said: “The two sides had pragmatic, frank and constructive exchanges on the
macroeconomic situation and bilateral and multilateral cooperation.” It added, though, that “The Chinese
side expressed concern about the lifting of tariffs and sanctions imposed by the United States and the fair
treatment of Chinese enterprises.”
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