U.S. Treasury Secretary Janet Yellen said China and the United States should compete based on a “fair set of rules,” defending Washington’s policies against the communist regime’s continued unfair trade practices on the second day of her diplomatic trip to Beijing. Ms. Yellen made the comment during her first face-to-face meeting with China’s new Premier…
US, China Economic Chiefs Hold ‘Candid and Substantive’ Talks
U.S. Treasury Secretary Janet Yellen had a “candid and substantive” virtual dialogue with Chinese Vice Premier Liu He, the Treasury Department said. During a video call on July 5, Yellen “frankly raised issues of concern including the impact of Russia’s war against Ukraine on the global economy and unfair, non-market” economic practices by the Chinese…
US Treasury Secretary Yellen Holds Talks With China’s Trade Negotiator
U.S. Treasury Secretary Janet Yellen talked to China’s top trade negotiator Liu He via video call on Oct. 25, during which the two sides raised their respective concerns. Yellen “frankly raised issues of concern,” the U.S. Treasury announced in a short statement without elaborating what the issues were. The statement did add that the two…
China Presses US to Cancel Tariffs in Virtual Meeting
China’s top trade negotiator Liu He pushed his U.S. counterpart Katherine Tai to cancel trade tariffs in a virtual meeting on Oct. 9 as the world’s biggest economies kick off negotiations following a lengthy break. During the virtual talk, the Chinese side “negotiated over the cancellation of tariffs and sanctions, and clarified position on China’s…
Beijing Reassures Support to Private Firms in a Bid to ‘Appease’ Public Amid Crackdown: Experts
Chinese Vice Premier Liu He announced this week that Beijing would stand by private enterprises. But experts say the Chinese regime is merely trying to “appease” the people and raise public confidence amid recent regulatory crackdowns on domestic businesses. On Sept. 6, Liu addressed a forum via video and stated, “Guidelines and policies for supporting the private…
CCP Mouthpiece Says Beijing Needs More Nuclear Weapons After Trade Talks
China’s hawkish state-run media Global Times said Beijing should increase its build-up of nuclear weapons after recent Sino-U.S. trade talks. U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He held an online meeting on May 26, the first trade talks for both countries since U.S. President Joe Biden took office in January. Both sides…
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