Yellen says US-China relationship on ‘more stable footing’ but more can be done to improve ties

By FATIMA HUSSEIN
Associated Press

BEIJING (AP) — U.S. Treasury Secretary Janet Yellen has met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences. Yellen came to China top of mind with trade practices that put American companies and workers at an unfair competitive disadvantage. In the ornate Fujian room of the Great Hall of People building just west of Tiananmen Square, she told Li on Sunday: “While we have more to do, I believe that, over the past year, we have put our bilateral relationship on more stable footing.” The meeting comes after the U.S. and China on Saturday agreed to hold “intensive exchanges” on more balanced economic growth.