U.S. Treasury Secretary Janet Yellen will seek clarity on China's plans to ease its COVID-19 restrictions and deal with problems in its property sector when she meets on Monday with China's central bank chief, Treasury officials said on Sunday.
The officials told reporters in Bali, ahead of a summit of the Group of 20 big economies, that it was important for top economic officials from the world's two largest economies to discuss global challenges face to face and learn more about each other's policy plans.
Yellen is prepared to discuss with Peoples Bank of China Governor Yi Gang the outlook for U.S. inflation and growth, but will likely leave monetary policy plans to the Federal Reserve, the officials said. The administration of President Joe Biden has long raised concerns about the resilience of supply chains in China that have been hit by repeated COVID-19 lockdowns and growing national security restrictions.between the world's two largest democracies, with India taking on a "friend-shoring" role as a trusted supplier and counterweight to China.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China Returns to Lockdowns as Cases of COVID-19 SurgeEveryone in a district of 1.8 million people in China’s southern metropolis of Guangzhou has been ordered to undergo virus testing while a major city in the southwest closed schools as another rise in infections was reported.
Lire la suite »
China says it will continue fine-tuning COVID measuresChina will keep fine-tuning its steps to control COVID-19 as it tries to minimise infections and serious cases, officials said on Saturday, a day after surprise announcements to lessen the impact of a strict zero-COVID policy.
Lire la suite »
China tightens restrictions as rise in Covid cases reportedEveryone in China’s Guangzhou district was ordered to stay home Saturday to undergo virus testing and a major city in the southwest closed schools as another rise in Covid infections was reported.
Lire la suite »
China eases, slightly, its draconian 'zero-COVID' restrictionsOne day after President Xi Jinping chaired a meeting of China's ruling Communist Party leaders on the country's anti-coronavirus policies, the government announced a new plan that eased, slightly, its strict 'zero-COVID' measures.
Lire la suite »
China eases COVID curbs including quarantine times and drops airline penaltiesNEW: China eases COVID curbs including quarantine times and drops airline penalties
Lire la suite »