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Financial Dialogue

All articles tagged with #financial dialogue

international-relations2 years ago

Germany and China Strengthen Economic Ties with Debt Restructuring Support

Germany has welcomed China's support for the G20 debt restructuring framework for poorer countries, as expressed in a joint statement after their financial dialogue in Frankfurt. German Finance Minister Christian Lindner emphasized the importance of China's commitment, given its significant role in world politics. The details of the restructuring plans were not provided in the statement. Germany and China also expressed their determination to expand market access opportunities and proposed increasing the frequency of financial dialogues to accelerate progress. The meeting took place in Frankfurt, as Germany aims to strengthen the city as a European hub for financial services.

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.