U.S. Treasury Secretary Janet Yellen emphasises the necessity for China to alter its policy on industry and the economy during future discussions between the two countries.
Yellen’s remarks follow her trip to China, where she engaged in conversations with Chinese officials regarding Beijing’s economic plans and industrial overcapacity concerns.
The discussions also touched upon national security issues and bilateral economic cooperation.
1. Yellen highlights the need for China to change its policy on industry and the economy during future talks.
2. Discussions during Yellen’s trip to China included Beijing’s economic plans and concerns over industrial overcapacity.
3. National security issues and bilateral economic cooperation were also on the agenda during the discussions.
4. Yellen met with top Chinese officials, including Premier Li Qiang and Vice Premier He Lifeng, during her visit.
5. Both sides agreed to continue communication and cooperation on various economic and financial matters.