BEIJING: US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful tone on US-China cooperation on Sunday, though the American policymaker noted both sides cannot shy away from tough conversations.
The US-China relationship can only move forward with direct and open communication, Yellen told Li, after arriving in the Chinese capital from the southern city of Guangzhou.Li, in welcoming Yellen , said 'China sincerely hopes that the two countries will be partners, not adversaries.'He added that Chinese internet users have closely followed the details of her trip since her appearance in Guangzhou, showing 'expectation and hope for the China-US relationship to continue to improve.
A senior Treasury official told reporters Saturday that Washington believes household spending needs to be a bigger part of China's economy.Tensions remainYellen added that both countries — the world's two biggest economies — have a duty to 'responsibly manage our complex relationship' and show leadership when it comes to working on global challenges.
Premier Li Express Hope For US-China Cooperation
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