Janet Yellen Begins Meetings in Guangzhou, China to Promote Strong Economic Relationship

2024-04-05 268

U.S. Treasury Secretary Janet Yellen arrived in Guangzhou, China to kick off meetings where she will stress the benefits of a healthy economic relationship. She met with Guangdong Governor Wang Weizhong and emphasized the need for a level playing field for US firms. Yellen will also discuss overcapacity concerns and encouragement of market reforms. Guangdong is a major contributor to China's economy as a hub for technology and manufacturing.

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