BEIJING - US Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability to have difficult conversations has put the two economic superpowers on "a more stable footing" over the past year.As they began a meeting in Beijing, Li responded that the two countries needed to respect each other and should be partners, not adversaries, adding that "constructive progress" had been made during Yellen's trip.
Balanced growthOn Saturday in the southern export hub of Guangzhou, Yellen and her main economic counterpart, Vice Premier He Lifeng, agreed to launch a dialogue focused on "balanced growth". Yellen said she intends to use the forum to advocate for a level playing field with China to protect US workers and businesses.
Janet Yellen Li Qiang Uschina
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