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Finance ministers want to enhance cooperation

US Secretary of the Treasury Janet Yellen and her Chinese counterpart Liu He have agreed to enhance cooperation on climate finance. According to a US Department of the Treasury release on Wednesday’s meeting in Zurich, Yellen plans to travel to China and host Chinese visitors to the United States in the foreseeable future. While there are differences, “misunderstandings, especially those arising from a lack of communication, should be prevented from unnecessarily worsening our bilateral economic and financial relationship,” Yellen told Liu. Competition between the two countries should never become a kind of conflict, she said.

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