United States and China launch economic and financial working groups with aim of easing tensions
- The U.S. Treasury Department and China's Ministry of Finance have launched economic working groups to improve relations between the two nations. Led by Treasury Secretary Janet Yellen and Vice Premier He Lifeng, the working groups will focus on economic and financial matters, establishing a channel of communication between the world's largest economies.
- Janet Yellen emphasizes that these working groups will promote healthy economic competition between the U.S. And China, ensuring a level playing field for American workers and businesses. The goal is to address America's interests and concerns while fostering a positive relationship with China.
- The establishment of these working groups signals a step towards easing tensions and deepening ties between the U.S. And China. By providing a platform for open dialogue and collaboration, both nations can work towards resolving economic issues and creating mutually beneficial outcomes.
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United States and China Launch Economic and Financial Working Groups with Aim of Easing Tensions
WASHINGTON (AP) — The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations.
·Japan
Read Full ArticleUS, China agree to regular talks on economy
The U.S. on Friday announced the creation of two economic working groups with China as part of bilateral efforts to cool tensions between the two countries. The groups will be led by the Chinese Ministry of Finance, the U.S. Treasury Department and the People’s Bank of China and headed up by Treasury Secretary Janet Yellen…
·Washington, United States
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Leaning Left10Leaning Right8Center23Last UpdatedBias Distribution56% Center
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