📷 Image: Wikimedia Commons / KING RODRIGUEZ/PRESIDENTIAL PHOTO
International
Chinese Vice Premier He Lifeng and US Treasury Secretary Bessent Meet in New York
✍️ The Economic Times
🗓 21 Sep 2026, 05:31 AM
👁 22
Chinese Vice Premier He Lifeng and US Treasury Secretary Janet Yellen (Bessent) arrived in New York for high‑level economic talks, signalling renewed engagement between Beijing and Washington.
Chinese Vice Premier He Lifeng touched down in New York on Monday, joining US Treasury Secretary Janet Yellen for a series of bilateral meetings focused on trade, currency stability and broader macro‑economic coordination. The talks, scheduled at the US Treasury’s New York office, aim to address lingering tensions over trade imbalances and recent policy moves that have strained the two economies.
Both officials are expected to exchange views on the global outlook, including the impact of divergent monetary policies and supply‑chain disruptions. Sources close to the negotiations say the agenda will also cover cooperation on climate‑related financing and the implementation of existing agreements on market access.
The meeting comes at a time when both nations are navigating a complex geopolitical environment, and officials have emphasized the importance of maintaining open channels to avoid escalation. Analysts note that any substantive progress could help stabilize markets and provide clearer guidance for multinational corporations operating across the Pacific.
The Economic Times reported that the delegation will stay in New York for two days, after which He Lifeng is slated to return to Beijing for a domestic policy summit. No joint statement has been released yet, but both sides have pledged to continue dialogue at the highest levels.
Both officials are expected to exchange views on the global outlook, including the impact of divergent monetary policies and supply‑chain disruptions. Sources close to the negotiations say the agenda will also cover cooperation on climate‑related financing and the implementation of existing agreements on market access.
The meeting comes at a time when both nations are navigating a complex geopolitical environment, and officials have emphasized the importance of maintaining open channels to avoid escalation. Analysts note that any substantive progress could help stabilize markets and provide clearer guidance for multinational corporations operating across the Pacific.
The Economic Times reported that the delegation will stay in New York for two days, after which He Lifeng is slated to return to Beijing for a domestic policy summit. No joint statement has been released yet, but both sides have pledged to continue dialogue at the highest levels.