6/3, 3:10 AM (Source: TeleTrader)
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China's new US envoy speaks to Treasury official

United States Treasury Department said in a press release that Under Secretary of the Treasury for International Affairs Jay Shambaugh spoke to China's new Ambassador to the US Xie Feng.

"The meeting was candid, constructive, and part of ongoing efforts to maintain open lines of communication and responsibly manage our bilateral relationship," according to the Treasury.

"While raising issues of concern, Under Secretary Shambaugh emphasized the importance of the two largest economies closely communicating on global macroeconomic and financial issues and working together on global challenges," the department added.

Baha Breaking News (BBN) / MS