US and China officials to meet in Beijing this week, furthering economy talks
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US and Chinese officials will hold talks on economic issues in Beijing this week. A five-person delegation from the US Treasury will meet Chinese counterparts. The discussions mark another round of the 'economic working group' established last year. The talks will cover topics including the macroeconomic outlook, investment-screening regimes, and coordination on debt and climate change. The talks are part of a broader effort by the Biden administration to maintain channels of communication with China. The Treasury delegation will be led by Undersecretary for International Affairs Jay Schambaugh. The talks follow the gathering of a separate working group on financial issues in China last month.