China Seeks US Action on Sanctions, Communication in Economic Relations

China has requested the United States to take “practical action” regarding sanctions imposed on Chinese companies. This appeal was made following US Treasury Secretary Janet Yellen’s extensive discussions, spanning over 10 hours, with senior officials in Beijing. The Chinese Finance Ministry, in a statement released on Monday, emphasized the importance of continued high-level exchanges and communication across various levels in the economic sector between the two nations.

Additionally, China has urged the US to stop the suppression of Chinese enterprises and to remove bans on products related to Xinjiang. It has called for concrete steps from the US to address key concerns in the economic relationship between the two countries. The US has previously sanctioned several companies over allegations of forced labor in the Xinjiang region, claims which Beijing staunchly denies.

The Chinese Finance Ministry highlighted that China’s development should be viewed as an opportunity rather than a threat to the US. It stressed that bolstering cooperation between China and the United States is both a realistic necessity and the right direction for both countries.

Secretary Yellen concluded her four-day visit to Beijing on Sunday. She described her bilateral meetings with Chinese officials as “direct, substantive, and productive,” a sentiment that was reflected in the summary of the talks provided by China.

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