Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.
A major lender abroad, China is facing a debt bomb at home: trillions of dollars owed by local governments, their financial affiliates, and real estate developers.
Janet Yellen, the Treasury secretary, said China, the largest emitter of greenhouse gases, can have “greater impact” tackling climate change by working with other nations.