WASHINGTON: US Secretary of Treasury Janet Yellen and Xie Fang, China’s ambassador to the United States, engaged in a “frank and productive discussion” on Monday, as per a statement released by the US Department of Treasury. The meeting took place ahead of Secretary Yellen’s scheduled visit to Beijing later this week.
During the meeting, both Yellen and Xie covered a range of global and bilateral issues, reflecting the significance of the economic relationship between the United States and China. According to state media broadcaster CCTV, Ambassador Xie expressed China’s concerns regarding economic and trade matters and urged the United States to take action to resolve these issues.
ALSO READ: US Treasury Secretary Warns of ‘Economic Catastrophe’ if Debt Ceiling Not Raised
China’s Allegations Against US
Moreover, Xie expressed his hope for the two countries to eliminate interference while strengthening dialogue, demonstrating China’s desire to improve communication channels and address potential areas of contention. The meeting serves as a platform for both parties to express their perspectives and engage in constructive dialogue on key economic and trade issues.
The forthcoming visit of Secretary Yellen to Beijing signifies a significant opportunity for both countries to engage in further discussions, foster mutual understanding, and explore potential avenues for cooperation. The economic ties between the United States and China play a vital role in the global economy, and the outcomes of these discussions are likely to have far-reaching implications.
