
U.S. Treasury Secretary Janet Yellen held a significant meeting with Chinese Premier Li Qiang in Beijing, emphasizing mutual cooperation despite existing differences between the two nations. Yellen's visit was prompted by concerns over trade practices that have placed American companies and workers at a perceived unfair competitive disadvantage.
The meeting took place in the Fujian room of the Great Hall of the People building, located just west of Tiananmen Square. Yellen expressed her belief that efforts over the past year have contributed to placing the bilateral relationship on a more stable foundation. She highlighted the importance of acknowledging differences and engaging in open and direct communication to facilitate progress.