Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He on Wednesday in Switzerland, pushing an effort to prevent 'anything even near conflict.'
met with Chinese Vice Premier Liu He, in Zurich, Switzerland, on Wednesday, pushing competition instead of conflict during their first in-person meeting.
"While we have areas of disagreement, and we will convey them directly, we should not allow misunderstandings, particularly those stemming from a lack of communication, to unnecessarily worsen our bilateral economic and financial relationship," Yellen said in opening remarks in front of reporters.Treasury Secretary Janet Yellen, right, shakes hands with China's Vice-Premier Liu He during a bilateral meeting in Zurich, Switzerland on Wednesday, Jan. 18, 2023.
According to a U.S. Treasury readout of the nearly three-hour-long meeting, the counterparts agreed that China and the U.S. would work in tandem regarding issues around, as well as to support "developing countries in their clean energy transitions."
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