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Reuters-US Treasurys Yellen to meet Chinese vice premier ahead of APEC summit

November 6, 2023   3 min   540 words

这篇报道描绘了美国财政部长珍妮特·耶伦与中国副总理何立峰将在亚太经济合作组织(APEC)峰会前举行会晤,旨在加强世界两大经济体之间薄弱的经济对话。此次会议也将召开于10月由美国财政部、中国财政部和央行共同启动的新经济和金融论坛。 这一会晤是在中美关系紧张、美国对敏感技术加强限制的背景下进行的,旨在稳定两国关系。会议前美国官员强调了会议不是要达成具体政策交易,而是为了更好地理解新的中美经济沟通渠道,并确保其不容易受到冲击。 耶伦将讨论中国官员采取何种措施来支持其经济增长,以及可能改变他们政策路径的情况。此外,她也将警告中国不要通过大规模的工业补贴和限制美国公司进入国内市场来倾销更多的制造商品到美国和全球市场。 耶伦在华盛顿邮报发表的观点文章中表示,美国希望与中国进行健康的竞争,而不是触发中国市场的混乱撤离或采取行动以分散供应链,以保护美国国家安全。 总体而言,这次会议突显了中美之间的紧张关系和经济竞争,同时也强调了在全球问题上的合作,如气候变化、债务减免和打击恐怖主义和非法毒品贸易。这次会晤将在APEC峰会之前为双方提供一个有关经济政策和关切的重要平台。

2023-11-06T10:13:42Z

U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world's two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders.

The Treasury said the Nov. 9-10 meetings will also convene the new economic and financial forums launched in October by the Treasury and China's finance ministry and central bank.

Yellen first met with He, China's new economic czar, in July, when she visited Beijing to try to stabilize a deteriorating U.S.-China relationship amid growing U.S. restrictions on sensitive technologies.

The San Francisco meetings will take place just before the Biden administration hosts ministers and leaders of Asia Pacific Economic Cooperation countries from Nov. 11-17 -- a gathering during which U.S. President Joe Biden is aiming to meet with Chinese President Xi Jinping.

A senior U.S. Treasury official downplayed the idea that there would be specific "deliverables" from the Yellen-He meetings, saying it was not a "policy trade" situation "where we trade one thing for another."

But the official said a key aim for Yellen was gaining a better understanding of how the new U.S.-China economic communication line will work, and how to make sure that "it is not vulnerable to shocks," adding that there will be more frequent interactions.

Yellen also is keen to discuss what steps Chinese officials are contemplating to support their flagging economic growth, and what circumstances might change their policy path.

Amid growing concerns that China will try to dump more manufactured goods on U.S. and global markets, Yellen is expected to warn He against using massive industrial subsidies to state firms and shutting U.S. companies out of domestic markets, the official said.

"This week, I will speak to my counterpart about our serious concerns with Beijing's unfair economic practices, including its large-scale use of non-market tools, its barriers to market access, and its coercive actions against U.S. firms in China," Yellen said in an opinion piece published by the Washington Post.

She reiterated that the U.S. was seeking "healthy competition" with China and was not trying to "trigger a "disorderly wholesale private-sector pullback from China with actions to diversify supply chains and protect U.S. national security."

The communications so far have helped U.S. officials to explain policies such as export controls and restrictions on outbound U.S. investment to China to counterparts in Beijing.

But Yellen said her engagement with He was not meant to reconstitute the broad, Obama-era U.S.-China Strategic and Economic Dialogue, which was widely criticized for its ineffectiveness.

Instead, Yellen said she was "focusing on specific, high-priority economic topics on which we can make tangible progress."

Among these are cooperating on global challenges such as tackling climate change, speeding debt relief to poor countries, and reducing illicit financial flows that support terrorism and the illegal drug trade.

Related Galleries:

U.S. Treasury Secretary Janet Yellen discusses "U.S.-China Economic Relationship" during a forum hosted by the Johns Hopkins University at the Nitze Building in Washington, U.S., April 20, 2023. REUTERS/Sarah Silbiger/File Photo
Chinese Vice Premier He Lifeng attends a joint press conference following the 10th China-EU High-Level Economic and Trade Dialogue at the Diaoyutai State Guesthouse in Beijing, China September 25, 2023. REUTERS/Florence Lo/File Photo