US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang discuss the stable relationship between the two countries and the need for constructive progress.
Ministry of Manpower ‘did not advise’ employer to fire migrant worker harassed by loan sharks; worker can remain in Singapore amid police probe
Yellen said Washington and Beijing had a “duty” to responsibly manage the complex relationship, as she brought her case for reining in China’s excess factory capacity to the Chinese leadership. In a further sign of the ties stabilising, US President Joe Biden and Chinese President Xi Jinping sought to manage tensions over the South China Sea in a nearly two-hour call on Tuesday, their first direct talks since a summit in November.US and Chinese military officials met their Chinese counterparts last week for a series of rare meetings in Hawaii focussed on operational safely and professionalism.
The Economist Intelligence Unit forecasts China’s battery manufacturing capacity will outpace demand by a factor of four by 2027, as its EV industry continues to grow.
US Treasury Secretary Chinese Premier Stable Relationship Constructive Progress
Malaysia Latest News, Malaysia Headlines
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