In a move that could ease global economic tensions, China and the U.S. have agreed to deepen talks on balanced growth, financial stability, and anti-money laundering efforts through specialized working groups. The announcement came Monday from China’s Ministry of Finance, following U.S. Treasury Secretary Janet Yellen’s recent visit to the country.
The fourth rounds of the China-U.S. economic and financial working groups will convene during the World Bank and IMF’s spring meetings in Washington this April. Deputy Finance Minister Liao Min emphasized that both sides discussed strengthening cooperation across multiple sectors, aligning with the consensus reached by their leaders to prioritize partnership over rivalry.
Key focus areas include sustainable finance, trade fairness, and creating smoother investment conditions for businesses. \"We’re working to ensure healthy, stable economic ties,\" Liao stated, highlighting planned collaboration on shared challenges like climate-linked financial reforms.
This dialogue follows high-level meetings, including Chinese Premier Li Qiang’s recent message urging the two nations to act as ‘partners, not adversaries.’ For deeper insights, check out our coverage of <a href=
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Key focus areas include sustainable finance, trade fairness, and creating smoother investment conditions for businesses. \"We’re working to ensure healthy, stable economic ties,\" Liao stated, highlighting planned collaboration on shared challenges like climate-linked financial reforms.
For deeper insights, check out our coverage of <a href=
