High-ranking US, China officials discuss macroeconomic, financial developments

By Ovunc Kutlu

ISTANBUL (AA) - High-ranking officials from the US and China discussed macroeconomic and financial developments, the US Treasury Department said in a statement on Friday.

"Today, as part of ongoing efforts to deepen communication with the People’s Republic of China, U.S. Secretary of the Treasury Janet L. Yellen met with People’s Bank of China (PBOC) Governor Pan Gongsheng," it said.

"During the substantive and productive meeting, Secretary Yellen and Governor Pan exchanged views on macroeconomic and financial developments," it added.

Yellen and Pan, in addition, discussed the international financial architecture and debt issues, as well as how to make the Financial Working Group co-chaired by the Treasury Department and the PBOC substantive and productive, according to the statement.