US China official conclude meeting on financial issues
11 months ago

US China official conclude meeting on financial issues

Associated Press  

BANGKOK — US and Chinese officials have completed the third meeting of a working group established to cooperate on financial issues, in a step that continues the trend set by the two powers last November to ease tensions. Officials from the U.S. Department of the Treasury met with counterparts in the People’s Bank of China to discuss issues ranging from financial stability to countering money laundering. Their two-day meeting was seen as paving the way for the later meeting between U.S. President Joe Biden and China’s President Xi Jinping. There have been longstanding economic issues between China and the U.S. ever since former President Donald Trump launched a trade war, setting high taxes on a number of Chinese goods.

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