Iran press/ Asia: "World needs stable China-US relationship," Chinese PM said on Friday.
"The world requires a stable relationship between China and the United States as the destiny and future of humanity hinge upon it," emphasized Chinese Prime Minister Li Qiang during a meeting with US Treasury Secretary Janet Yellen.
As quoted by China's Xinhua news agency, the Chinese prime minister's remarks underscored the necessity for overall stability in Chinese-US relations and the criticality of reaching a mutually beneficial agreement.
Li also expressed optimism that the US would adopt a rational and pragmatic stance, meet China halfway, and steer the Chinese-US relationship back onto the correct path.
US stance on the Yellen visit
U.S. Treasury Secretary Janet Yellen held “candid and constructive” talks Friday with China’s Prime Minister Li Qiang in Beijing.
A Treasury Department statement said Yellen “discussed the administration’s desire to seek healthy economic competition with China that benefits both economies, including American workers and businesses.”
She also emphasized close communication on “global macroeconomic and financial issues and working together on global challenges, including debt distress in low-income and emerging economies and climate finance.”
Speaking Friday in Beijing to the American Chamber of Commerce in China, Yellen said, “The United States does not seek a wholesale separation of our economies. ... The decoupling of the world's two largest economies would be destabilizing for the global economy, and it would be virtually impossible to undertake."
Yellen's visit to Beijing commenced on July 6 and is scheduled to conclude on July 9.
During her stay, she is expected to engage in discussions with senior Chinese officials.
While no meeting has been arranged between Yellen and Chinese President Xi Jinping, she will hold talks with He Lifeng, the Chinese vice premier for economic matters.
Yellen met earlier this week with China’s ambassador to the United States, Xie Feng, where the Treasury Department said Yellen “raised issues of concern while also conveying the importance of the two largest economies working together on global challenges, including on macroeconomic and financial issues.”
China and the US recently experienced the most tense situation in the two countries' relationship, mostly over Taiwan.
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