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I’ll also remain focused on our relationship with China. While in China last week, I emphasized that a healthy U.S.-China economic relationship with a level playing field can bring significant benefits for American firms and workers. And I raised concerns the United States shares with many other countries about overcapacity, which poses risks to America and to the global economy. The U.S. and China also announced that we are increasing cooperation in our shared work against anti-money laundering; engaging in exchanges on balanced growth in the domestic and global economies; and expanding ongoing technical exchanges on financial regulation and financial stability.
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Source: U.S. Treasury Department
Speaker: Janet L. Yellen, Secretary of the Treasury
Format: Public Remarks