China’s Commerce Ministry: Vice-Premier Liu, US Treasury Sec Yellen discussed bilateral and global cooperation
|China's Commerce Ministry said in a statement on Tuesday, the country’s Vice Premier Liu He spoke with US Treasury Secretary Janet Yellen on October 26.
Key quotes
Discussion centred on the economy, and both bilateral and global cooperation.
US and China having coordination on policy are important.
Will strengthen coordination on macroeconomic policies.
China also expressed its concerns over US tariffs and the fair treatment of Chinese companies.
Market reaction
Amidst US-China talks, AUD/USD is paring back gains, as it slips back below 0.7500. At the time of writing, the aussie is trading at 0.7497, up 0.09% on the day.
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