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    News: 2024.04.17

    Finance | China-US Financial Working Group Meeting: China is concerned about economic and trade restrictions – Wealth Insights

    The China-U.S. Financial Working Group meeting is an important platform for China and the United States to conduct dialogue and consultation on economic and trade issues. At the fourth meeting recently held in Washington, the United States, Chinese representatives expressed concerns about economic and trade restrictions.

    The meeting was co-chaired by Xuan Changneng, Vice Governor of the People's Bank of China, and Neiman, Assistant Secretary of the U.S. Department of the Treasury. The two sides held in-depth discussions on monetary policy, financial supervision, investment cooperation and other issues.

    Sino-US financial cooperation faces challenges

    Cooperation between China and the United States in the financial field has achieved certain achievements, but it also faces some challenges. The recent escalation of U.S. economic and trade restrictions on China has brought certain uncertainties to Sino-U.S. financial cooperation.

    Strengthen communication and dialogue to resolve differences

    During the meeting, Chinese representatives called on both sides to strengthen communication and dialogue, properly handle differences, and jointly promote greater progress in Sino-US financial cooperation. Only through communication and negotiation can effective ways to solve problems be found.

    Work together to promote financial market stability

    As the two largest economies in the world, China and the United States, financial market stability is crucial to global economic stability. Both sides should work together to strengthen cooperation and jointly promote the stability and development of the financial market.

    • Maintain the multilateral trading system
    • Strengthen financial regulatory cooperation
    • Promote the process of economic globalization