U.S. and China to Hold Economic Talks Addressing Trade Concerns and Cooperation

• U.S. and China to hold talks on economic issues including Chinese manufacturing overcapacity • Talks to create structure for countries to discuss views and try to address U.S. concerns • Discussions to cover topics like balanced growth, financial stability, sustainable finance • Countries have already cooperated on limiting Chinese exports to Russia • U.S. warns it won’t rule out tariffs in response to China’s green energy manufacturing subsidies