US and China agree to initiate discussions regarding 'achieving balanced economic growth' | Globe Echo
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The US and China have agreed to initiate discussions regarding 'achieving balanced economic growth'. The talks took place in Guangzhou between Treasury Secretary Janet Yellen and Chinese counterpart He Lifeng. The discussions were described as 'constructive and candid' by the US Treasury Department. The focus on balanced growth highlights the importance of ensuring that both countries benefit from strong economic growth in a fair and equitable manner. The talks provide an opportunity for both parties to air their grievances and explore potential solutions to improve economic cooperation. A more cooperative and stable economic relationship between the US and China could help to reduce global economic uncertainty and volatility. The talks in Guangzhou represent an important step towards addressing economic issues between the two countries.
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