Treasury Launches Economic Talks with China to Advance Biden-Xi Commitments

Treasury Department launches Economic and Financial Working Groups with China.
Groups will provide structured channels for discussions on economic and financial policy.
Builds on consensus reached between Yellen and He during July Beijing trip.
Carries out Biden's directive to deepen communication post-Xi meeting.
Groups will meet regularly at Vice Minister level and report to Yellen and He.

treasury.gov

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