U.S. Treasury Secretary Janet Yellen will host Chinese Vice Premier He Lifeng for two days of talks this week, the latest in a series of high-level talks between U.S. and Chinese officials as the world's two largest economies aim to ease tensions, the Treasury Department announced Monday.
Treasury Secretary Janet Yellen, left, shakes hands with Chinese Vice Premier He Lifeng during a meeting at the Diaoyutai State Guesthouse in Beijing, China, July 8, 2023. Yellen is hosting He for two days of talks this week. The meeting …WASHINGTON — U.S. Treasury Secretary Janet Yellen will host Chinese Vice Premier He Lifeng for two days of talks this week, the latest in a series of high-level talks between U.S.
The meeting between the two senior government officials comes after Biden spoke with Chinese Foreign Minister Wang Yi at the White House for about an hour late last month, when Beijing’s top diplomat came to Washington for talks with U.S. Secretary of State Antony Blinken and White House national security adviser Jake Sullivan. Xi similarly met with Blinken in June when the secretary of State traveled to Beijing for talks with Wang.
Yellen is expected to amplify the message on climate during her talks with He in San Francisco. Treasury in a statement said that Yellen will also underscore that the Biden administration “will take targeted action to advance our national security and that of our allies, and protect human rights, but we do not use these tools to seek economic advantage.”
Yellen in her op-ed wrote she would raise during the meetings the administration’s “serious concerns with Beijing’s unfair economic practices, including its large-scale use of non-market tools, its barriers to market access and its coercive actions against U.S. firms in China.”
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