Plans are under way for U.S. Treasury Secretary Janet Yellen and her Chinese counterparts to hold meetings in Beijing and Washington later this year, continuing the governments’ efforts to ramp up face-to-face engagement to improve ties.
The announcement came after the two countries’ top economic officials met for the first time in Zurich on Wednesday, pledging to improve communication as a way to avoid more serious confrontation in a period of heightened tensions.
Yellen “looks forward to traveling to China and to welcoming her counterparts to the United States in the near future,” the Treasury said in a statement following the meeting with Chinese Vice Premier Liu He.
