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Top related persons:
International Affairs Jay Shambaugh - 2 Lifeng - 1 Biden - 1 Donald Trump - 1
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Beijing U.S China United States
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U.S - 2 Treasury - 2 International Affairs - 2 China's - 1 Xinhua - 1 China Economic - 1 Group - 1

Search resuls for: "International Affairs Jay Shambaugh"


3 mentions found


☆ China expresses concerns to U.S. over tariffs, sanctions in Beijing talks
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: +1 min
China's financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to "suppress" Chinese companies, the Chinese finance ministry said on Tuesday. China's financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to "suppress" Chinese companies, the Chinese finance ministry said on Tuesday. Both sides had "in-depth, frank, pragmatic and constructive" exchanges on their macroeconomic situation and policy, and developing countries' debt, among other issues in the meetings this week in Beijing, the ministry said. They agreed to continue to maintain communications, it added. In a separate meeting, China's vice premier He Lifeng also met with U.S. Treasury Undersecretary for International Affairs Jay Shambaugh on Tuesday, China's official Xinhua news agency reported.
Persons: Lifeng, International Affairs Jay Shambaugh Organizations: U.S, Treasury, International Affairs, China's, Xinhua Locations: Beijing
☆ U.S. Treasury team heads to China to talk subsidies, economic policies
  + stars: | 2024-02-06 | by ( ) www.cnbc.com   time to read: +1 min
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China's "non-market" policies that are adding excess industrial capacity, a Treasury official said on Monday. The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China's "non-market" policies that are adding excess industrial capacity, a Treasury official said on Monday. Affected industries include electric vehicles, a sector whose development in the United States the Biden administration is trying to boost with its own tax subsidies. The group will discuss the U.S. and Chinese economic outlooks, investment screening regimes for national security in both countries, and opportunities to cooperate on climate change and debt relief to poor countries, the Treasury official said. The emphasis on China's industrial subsidies comes as the Biden administration is continuing a review of U.S. tariffs imposed on hundreds of billions of dollars worth of Chinese imports by former President Donald Trump.
Persons: Biden, International Affairs Jay Shambaugh, Donald Trump Organizations: U.S, Treasury, International Affairs, China Economic, Group Locations: Beijing, U.S, China, United States
☆ US Treasury's top international official heads to Europe, Asia for talks on economy
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +1 min
WASHINGTON, May 4 (Reuters) - The U.S. Treasury Department's top international official is heading to Europe and Asia this week for talks on current macroeconomic trends and events, and a G7 finance officials meeting, Treasury said in a statement on Thursday. Treasury Undersecretary for International Affairs Jay Shambaugh will attend meetings of the Organization for Economic Cooperation and Development in Paris on Friday, before traveling on to Singapore and Japan, Treasury said. The meeting takes place a month after the International Monetary Fund trimmed its 2023 global growth outlook slightly and warned that a severe flare-up of financial system turmoil could slash output to near recessionary levels. Shambaugh will join U.S. Treasury Secretary Janet Yellen at the G7 meeting in Niigata, Treasury said. Reporting by Andrea Shalal; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
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