Economic news

China expresses concern over tariffs, sanctions in US meeting

2024.10.26 05:38

HONG KONG (Reuters) – China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries’ Economic Working Group in Washington, China’s finance ministry said on Saturday.

© Reuters. FILE PHOTO: Liao Min, Chinese Deputy Director of Central Commission's Office for Financial and Economic affairs speaks during a news conference on the state of trade negotiations with U.S. in Beijing, China December 13, 2019. REUTERS/Jason Lee/File Photo

China’s Vice Minister of Finance Liao Min also introduced about the basket of stimulus policies the world’s second largest economy rolled out recently during Friday’s meeting, the sixth of its kind, with U.S. Treasury Undersecretary Jay Shambaugh, the ministry said in a statement.

Liao, in the U.S. capital for the annual meetings of the International Monetary Fund and the World Bank, also held a courtesy talk with Treasury Secretary Janet Yellen after the Economic Working Group meeting.



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