The United States and China have reached an agreement to combat money laundering and address economic imbalances, Treasury Secretary Janet Yellen said Saturday after meetings with Chinese Vice Premier He Lifeng. Pool Photo by Andy Wong/EPA-EFE
A new U.S.-China initiative announced Saturday by U.S. Treasury Secretary Janet Yellen relates to China’s overcapacity in some economic sectors, in which Chinese production can undercut U.S. competitors in the same sector.
File Photo by Bonnie Cash/UPI
U.S. Treasury Secretary Janet Yellen announced Saturday Washington will now work directly with the People’s Bank of China to expand cooperation against illicit finance and financial crime. File Photo by Bonnie…
