Yellen holds talks with China’s central bank governor, former economy tsar

News Snapshot:

BEIJING, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen met with China's central bank governor Yi Gang and former economy tsar Liu He for informal talks on the global, U.S., and Chinese economies on Friday, according to a U.S. Treasury official Yellen comes to Beijing seeking to ease tensions between the world's two superpowers, although expectations are low, with officials from both sides accepting that safeguarding national security interests now trumps deepening economic ties. The official said Yellen and her Chinese interlocutors had a "substantive conversation," without giving any further details. Although now retired, Liu is a close confidant...