Finance

U.S. Treasury Secretary Yellen, China’s vice premier Liu He hold call

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The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019.

Aly Song | Reuters

BEIJING — China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke Wednesday for the first time since President Joe Biden took office.

Both the U.S. and China said the two leaders talked about the economy and cooperation, and “frankly” discussed issues of concern.

Yellen 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.

Liu and Yellen agreed the…



Source cnbc.com

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