The U.S. and China have decided to work together on their respective economic benefits by signing an agreement that would allow the countries to cooperate in terms of their financial stability.
According to CNBC, the agreement was part of a meeting on Thursday and Friday by the U.S.-China Financial Working Group in Shanghai.
Brent Neiman, the deputy under secretary for international finance, together with Xuan Changneng, the deputy governor of the People's Bank of China, co-lead the working group.
