US, China agree to regular talks on economy ...Middle East

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US, China agree to regular talks on economy
The U.S. on Friday announced the creation of two economic working groups with China as part of bilateral efforts to cool tensions between the two countries. The groups will be led by the Chinese Ministry of Finance, the U.S. Treasury Department and the People’s Bank of China and headed up by Treasury Secretary Janet Yellen and Vice Premier He Lifeng, according to a press release from the Treasury. The groups will meet at a "regular cadence" and are aimed at allowing “for frank and substantive discussions on economic and financial policy matters, as well as an exchange of information on macroeconomic and financial developments," the release said. Even as tensions flare over Taiw

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