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Reuters

Business

By David Lawder

Yellen to seek clarity from China on COVID, property -officials

Janet Yellen China Joe Biden Yi Gang Covid-19

FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during her interview with Reuters in New Delhi, India, November 11, 2022. REUTERS/Altaf Hussain/File Photo

U.S. Treasury Secretary Janet Yellen will seek clarity on China's plans to ease its COVID-19 restrictions and deal with problems in its property sector when she meets on Monday with China's central bank chief, Treasury officials said on Sunday.

The officials told reporters in Bali, ahead of a summit of the Group of 20 big economies, that it was important for top economic officials from the world's two largest economies to discuss global challenges face to face and learn more about each other's policy plans.

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