Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.
Treasury Secretary Janet Yellen will hold two days of meetings with China’s vice premier, He Lifeng, the U.S. Treasury announced. Yellen will meet with He on Nov. 9 and 10 in San Francisco, ahead of the APEC finance ministers meeting. “We seek a healthy economic competition that benefits both sides, but that healthy competition requires a level playing field for American workers and firms.
We will take targeted action to advance our national security and that of our allies, and protect human rights, but we do not use these tools to seek economic advantage. Lastly, we seek to cooperate on global challenges like climate change and look for ways that we can work together as the world’s two largest economies to put the global economy on surer footing,” the Treasury said of its stance versus China, the world’s number-two economy.
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