China says Vice Premier Liu had 'constructive' exchange with U.S. Yellen

5/7/2022 12:03

        Chinese Vice Premier Liu He had a "constructive" exchange over macro economies and global supply chains via a video call with U.S. Treasury Secretary Janet Yellen on Tuesday, China's commerce ministry said.
        
        The two sides had a "pragmatic and frank" exchange of views on topics including the macroeconomic situation and the stability of the global industrial and supply chains, said a statement from the ministry.
        
        China also expressed concerns over the additional tariffs the United States imposed on Chinese goods and sanctions on Chinese firms, and both sides agreed to maintain dialogue, the ministry said.
        
        "As the global economy faces grim challenges, there is a great significance to strengthen the communication and coordination of the macro policies between China and the United States. Safeguarding the stability of global industrial chains and supply chains will serve the benefits of China, the U.S. and the whole world," according to the statement.
        
        The invitation for the call came from the U.S. Treasury Secretary, according to the ministry.
        
        U.S. President Joe Biden is in the process of making up his mind on easing U.S. tariffs on China, in part to ease inflation which he has said is a top priority.