Opinion | Tough conversations key to bridging gap between China, US

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US Treasury Secretary Janet Yellen's visit to China is a sign of stability in bilateral relations. The two sides engaged in open and frank talks despite their differences on Chinese "overcapacity". The US is concerned about Chinese industrial policy leading to "artificially cheap" products flooding global markets, while China sees the issue as protectionism. Yellen and her hosts discussed debt alleviation, financial exchanges, and anti-money-laundering efforts. The high-level dialogue cultivates trust and understanding, although more difficult conversations are expected in the future.

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https://www.scmp.com/opinion/article/3258429/tough-conversations-key-bridging-gap-between-china-us