US, China Working Group to Discuss Financial Issues Hold Third Meeting

News Snapshot:

US and Chinese officials have completed the third meeting of a working group established to cooperate on financial issues, in a step that continues the trend set by the two powers last November to ease tensions. Officials from the US Department of the Treasury met with counterparts in the People’s Bank of China to discuss issues ranging from financial stability to countering money laundering. The delegation also met with Vice Premier He Lifeng while they were in China, according to a statement from the Treasury Department Friday. The group also indicated that Treasury Secretary Janet Yellen would return to China...