US Treasury chief Yellen appeals to China for cooperation on climate and other global challenges

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US Treasury chief Yellen appeals to China for cooperation on climate and other global challenges
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Treasury Secretary Janet Yellen has appealed to China for cooperation on climate change and other global challenges. “We have a duty to both our own economies and to other countries to cooperate,” she said.

China is insisting it is up to the U.S. to “create necessary conditions” for anti-drugs cooperation, following complaints from Washington that Beijing is ignoring its calls for a crackdown on precursor chemicals for the highly addictive painkiller fentanyl.

Treasury officials said the goal of the trip was to encourage communication and no agreements on big disputes were expected. They said Yellen wasn’t scheduled to meet Chinese leader Xi Jinping. He added that the United States should ”adopt a rational and pragmatic attitude and work with China to stay committed to the common understandings” by Xi and Biden.

Meeting with He, Yellen repeated her appeal for “healthy economic cooperation,” a reference to complaints that Beijing violates its free-trade commitments by subsidizing and shielding its companies from competition.

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