US, Chinese officials discuss climate, economy, relationship

By FATIMA HUSSEIN
Associated Press

ZURICH (AP) — U.S. Treasury Secretary Janet Yellen has met with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict.” The sit-down Wednesday in Zurich is the highest-ranking contact between the two countries since their presidents in November agreed to look for ways to ease strained relations. Yellen’s first face-to-face meeting with Vice Premier Liu He comes as the U.S. and Chinese economies grapple with differing but intertwined challenges on trade, technology and more. A U.S. Treasury readout of their meeting says the two agreed the U.S. and China would cooperate more on issues around financing for battling climate change.