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2021-06-02

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U.S. Treasury Secretary Yellen and China’s vice premier talk about cooperation and economic recovery

KEY POINTS China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a video call a

U.S. Treasury Secretary Yellen and China’s vice premier talk about cooperation and economic recovery

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Treasury Secretary Yellen and China’s vice premier talk about cooperation and economic recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/02/us-treasury-secretary-yellen-chinas-vice-premier-liu-he-hold-call.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a video call about how the countries’ economic relationship is “very important,” state media said.\nYellen ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/02/us-treasury-secretary-yellen-chinas-vice-premier-liu-he-hold-call.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/06/02/us-treasury-secretary-yellen-chinas-vice-premier-liu-he-hold-call.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122350998","content_text":"KEY POINTS\n\nChina’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a video call about how the countries’ economic relationship is “very important,” state media said.\nYellen discussed Biden’s plans to “support a continued strong economic recovery and the importance of cooperating on areas that are in U.S. interests,” the Treasury said.\nLast week, Liu spoke with U.S. Trade Representative Katherine Tai for the first time since President Joe Biden took office.\n\nBEIJING — China’s Vice Premier Liu He and U.S. Treasury SecretaryJanet Yellenspoke Wednesday for the first time since PresidentJoe Bidentook office.\nBoth the U.S. and China said the two leaders talked about the economy and cooperation, and “frankly” discussed issues of concern.\nYellen discussed the Biden administration's plans to \"support a continued strong economic recovery and the importance of cooperating on areas that are in U.S. interests,\" the Treasury said in a statement.\nLiu and Yellen agreed the two countries' economic relationship is \"very important,\" Chinese state media said, according to a CNBC translation. The report said the leaders held a wide-ranging discussion on the macroeconomic situation and multilateral cooperation.\nNeither side shared further details on the conversation. The world's two largest economies have remained close trading partners despite geopolitical tensions.\nTheU.S. dollarhas been weakening as the U.S. central bank keeps interest rates low to support the economy's recovery from the coronavirus pandemic. Partly as a result, theChinese yuan is at its strongest against the greenback in about three years. That makes Chinese goods relatively more expensive for American buyers.\nMany economists in Chinaare also concerned about spillover effects from massive U.S. government spendingmeant to support growth.\nInvestors have been betting on a recovery, sending commodity prices surging. Therising prices have hit Chinese businesses, prompting the central Chinese government to announce additional support and clamp down on market speculation.\nChinese state media characterized the two leaders' discussion Wednesday as one bearing an attitude of \"mutual respect,\" a phrase Beijing often uses when calling for more favorable communication with the U.S.\nLast week,Liu spoke with U.S. Trade Representative Katherine Taifor the first time since Biden took office.","news_type":1},"isVote":1,"tweetType":1,"viewCount":586,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}