International Courant
BEIJING — China known as on the US on Monday to take “sensible motion” in response to its “deep considerations” over sanctions in opposition to Chinese language corporations, after US Treasury Secretary Janet Yellen held greater than 10 hours of conferences with senior officers in Beijing. rounded.
Dr. Yellen got here to Beijing to ease tensions between the world’s two superpowers, and whereas no breakthrough was forthcoming, each side described their talks as “productive” and agreed to maintain channels open “in any respect ranges” for talks concerning the economic system.
The go to raises the chance of a gathering between US President Joe Biden and Chinese language President Xi Jinping later in 2023, presumably on the Asia-Pacific Financial Cooperation Summit in San Francisco in November.
Earlier than leaving on Sunday, Dr Yellen informed reporters that she and her Chinese language colleagues had “expressed vital disagreements” throughout their conferences, a sentiment mirrored in a lecture from the Chinese language Ministry of Finance on Monday morning.
China “requires” the US to “finish its crackdown on Chinese language enterprises, raise bans on Xinjiang-related merchandise, and take concrete steps to handle China’s main considerations in financial relations between the 2 nations,” the ministry wrote.
The US has imposed sanctions on some corporations for utilizing compelled labor within the far western area of Xinjiang.
Beijing denies using compelled labor and different abuses there.
The ministry additionally mentioned China thought-about its improvement a chance fairly than a danger to the US and that “strengthening cooperation between China and the US is a practical want and the precise alternative of the 2 nations” .
“The resumption of high-level talks between China and the US in diversified areas might present scope for elevated cooperation on bilateral and international points,” mentioned Bruce Pang, chief economist at Jones Lang LaSalle, in Hong Kong.
“I count on extra working stage communication sooner or later on a variety of matters which might be extra consensual than disagreement, equivalent to local weather change and the listing of tariff cuts,” he added. REUTERS
China urges ‘sensible’ US motion on sanctions after talks with Yellen
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