Deputy Treasury Secretary Adeyemo Likely To Lead Talks For U.S. Interests
September 22, 2023—The United States and China are establishing “structured channels for frank and substantive discussions on economic and financial policy matters,” according to the U.S. Treasury Department. The department released a statement today saying it is establishing working groups with China’s Ministry of Finance and the People’s Bank of China to exchange information on a regular basis.
The communication channels follow a series of diplomatic meetings between the two countries, the largest economies in the world. Deputy Treasury Secretary Wally Adeyemo is likely to lead both working groups for the United States. For China, the talks will take place at the vice minister level.
