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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