U.S. Treasury Secretary Janet Yellen raised concerns about China's 'unfair, non-market' economic practices during a call with a Chinese official on Monday.
raised concerns to China about the communist country's "unfair, non-market" economic practices in a call with a Chinese official.
Yellen's comments were made Monday during a call with Chinese Vice Premier Liu He, according to the U.S. Treasury Department. The two discussed U.S. economicamid media reports suggesting the Biden administration may soon roll back some trade levies implemented by former President Donald Trump, Bloomberg News reported.
Treasury Secretary Janet Yellen speaks during a virtual roundtable with participants from Black Chambers of Commerce across the country to discuss the American Rescue Plan, Friday, Feb. 5, 2021, from the South Court Auditorium on the White House comp "Secretary of the Treasury Janet L. Yellen today held a virtual meeting with Vice Premier of the People's Republic of China Liu He as part of the Administration's ongoing efforts to maintain open lines of communication," the Treasury Department said in a statement.
The Treasury Department noted that the conversation between the two officials was "candid and substantive."
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