Yellen Urges US-China Dialogue for Improved Relations
US Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing, expressing a message of mutual cooperation despite differences and stating that the bilateral relationship has been put on a more stable footing. The US and China have agreed to hold intensive exchanges on balanced economic growth and combatting money laundering. Yellen's visit coincides with Russian Foreign Minister Sergey Lavrov's planned visit to China, with discussions on the US-China relationship regarding Russia. Yellen also emphasized the critical role of local governments in China's economy during a meeting with Beijing Mayor Yin Yong.