US Treasury Secretary Yellen to Discuss Economic Issues with China's He Lifeng Amid China's Grievances and Concerns over Treasury Holdings

US Treasury Secretary Janet Yellen and China's economic czar He Lifeng are set to exchange views on the US and Chinese economies, climate challenges, and debt relief. China has expressed grievances with the US, highlighting the fragility of the improved ties. Yellen and He had candid, direct, and productive discussions, with China indicating its readiness to take further actions to address economic problems. Yellen also mentioned that she would not be surprised if China is reducing its Treasury holdings.