U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng to Engage in Talks on Balanced Growth Strategies
U.S. and China to Discuss 'Balanced Growth' Plans, Yellen Reveals
U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng have agreed to initiate discussions on achieving 'balanced' economic growth between the two countries. This move comes amid growing concerns over production overcapacity, with both nations aiming to address the issue through collaborative efforts.
The talks aim to foster cooperation and develop strategies that promote sustainable growth while addressing economic disparities, signaling a potential shift in economic relations between the U.S. and China.
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