US Treasury Secretary Janet Yellen flies to China for first talks
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US Secretary of the Treasury Janet Yellen’s first trip to China, scheduled to take place from July 6 to 9, will be devoted to “recalibrating” relations between the world’s two largest economies. US officials are waiting for “frank discussions” with Yellen, but do not hope for significant progress, Reuters writes on the eve of her visit.
As Bloomberg previously wrote, Yellen will meet in China with Deputy Prime Minister for Economics He Lifen, who took up this post in March 2023, replacing the authoritative Liu He.
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