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

November 6, 2023   3 min   543 words

这则报道展现了美国财政部长珍妮特·耶伦与中国国务院副总理何立峰之间的会面,旨在深化两个世界最大经济体之间的经济对话。此次会面发生在亚太经济合作组织峰会之前,而美国总统乔·拜登计划与中国国家主席习近平会面。耶伦和何立峰将探讨美中经济交流的工作方式以及如何确保其不容易受到冲击。此外,耶伦还将提出对中国使用大规模工业补贴和限制美国公司进入中国市场的担忧。尽管双方可能不会在此次会议上达成具体协议,但这标志着美中经济关系的复杂性和敏感性。 报道还提到,美国不寻求与中国断绝私营部门联系,而是寻求在竞争中实现健康的合作。耶伦的目标是解决特定的高优先级经济议题,包括气候变化、为贫困国家提供债务减免以及减少支持恐怖主义和非法毒品贸易的非法资金流动。 这次会面强调了美中之间紧张的经济关系,同时也突显了它们在解决一些全球挑战方面的合作潜力。然而,这也表明美国对中国的担忧,尤其是关于不公平经济做法和工业补贴的担忧,仍然存在。这次会面将为未来的美中经济关系和贸易关系提供重要的参考点。

2023-11-06T12:50:31Z

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


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