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 regime, according to a brief readout of the meeting.
The statement from China’s Ministry of Commerce does not mention the U.S. concerns about Beijing’s unfair trade practices or the Ukraine war, though it said the two sides had “a pragmatic and candid exchange of views.”…