U.S. and China Hold Economic Talks Addressing Subsidies, Debt Burdens, and Contrasting Economic Outlooks

• U.S. Treasury officials visiting Beijing this week for economic talks with China

• Discussions to include China's use of nonmarket policies like subsidies, overcapacity concerns

• Also to talk about resolving low-income country debt burdens

• Broader talks on economic outlooks - U.S. resilient, China still facing financial struggles

• IMF projects 4.6% China growth in 2024 but urges longer-term reforms to avoid sharp slowdown