China taps World Bank official for U.S.-facing finance post: sources

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China taps World Bank official for U.S.-facing finance post: sources
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China is adding a new face to its trade negotiation team by appointing its chief representative at the World Bank to head the Finance Ministry's international cooperation department, three people with direct knowledge of the matter said.

FILE PHOTO: U.S. and Chinese flags are adjusted before the opening session of trade negotiations between U.S. and Chinese trade representatives at the Diaoyutai State Guesthouse in Beijing, Thursday, Feb. 14, 2019. Mark Schiefelbein/Pool via REUTERS

Yang Yingming, who has been Executive Director for China at the World Bank in Washington since 2016, returns to the finance ministry months after Beijing and Washington completed a Phase 1 agreement that brought a truce to their bitter trade war, although bilateral tensions remain at their worst in decades.

Yang, the finance ministry, and the World Bank’s Beijing office did not immediately respond to requests for comment. Yang is a fluent English speaker known for openness and a sense of humour, two of the people said, declining to be named as they were not authorized to speak to media.

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