U.S. Treasury Secretary Janet Yellen said Friday that she and her Chinese counterpart agreed to work toward a 'healthy economic relationship,' during two days of talks that she said helped lay the groundwork for a productive meeting next week between President Joe Biden and Chinese President Xi Jinping.
Biden and Xi will meet Wednesday on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco, the first engagement in a year between the leaders of the world's two biggest economies.Their finance chiefs held talks in San Francisco this week with the aim of making progress on a slew of economic and trade issues at a time when competition has markedly intensified between their countries.
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