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Economic Dialogue

All articles tagged with #economic dialogue

international-relations1 year ago

"Yellen: US and China Stabilize Relations with Tough Talks on Balanced Growth"

US Treasury Secretary Janet Yellen raised concerns about China's excess industrial capacity during a meeting with Chinese Premier Li Qiang, emphasizing the need for "tough" discussions while acknowledging the progress made in stabilizing bilateral relations. Yellen's visit focused on addressing China's over-production of electric vehicles and clean energy goods, with both sides showing willingness to explore the issue further. The meetings reflect efforts to manage tensions and normalize economic relations between the two countries, with a focus on advocating for balanced growth and a level playing field to protect US workers and businesses.

international-relations2 years ago

US and China Establish New Economic and Financial Dialogue Framework

The U.S. and China have established two new working groups to discuss economic and financial issues, signaling a potential improvement in communication between the two countries. The dialogues come after years of economic conflict and breakdown in talks during the Trump administration. Led by Treasury Secretary Janet Yellen and China's Vice Premier He Lifeng, the working groups will engage in regular direct meetings to discuss economic and financial policy matters, as well as exchange information on macroeconomic and financial developments. These dialogues are part of broader efforts to reestablish communication channels between the two nations on various geopolitical, security, and economic matters. However, communication remains fragile, and Beijing has accused the U.S. of broadening trade and economic restrictions to contain China's economic growth.

international-relations2 years ago

"US and China Establish New Economic Working Groups to Ease Tensions"

The United States and China have agreed to establish new economic and financial working groups to facilitate regular meetings and discussions on policy and information exchange, aiming to improve communication and stabilize their strained relationship. The working groups will address major economic disagreements, including tariffs, technology controls, and investment restrictions. This move marks a revival of a decades-long approach to bilateral relations that was dismantled under former President Donald J. Trump, and it signals a renewed effort to promote cooperation and address concerns between the two countries.