Treasury Secretary Yellen and Chinese Vice Premier Liu to Meet Amid Competition for African Influence

U.S. Treasury Secretary Janet Yellen presides over the unveiling of the first U.S. banknotes printed with two women's signatures at an event in Fort Worth, Texas on Dec. 8, 2022. Shelby Tauber/Reuters

Officials from the United States and communist China will meet in Switzerland this week to discuss economic development and work to increase communication between the two nations on economic issues.

U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Zurich on Jan. 18 as part of an attempt to ease tensions between the two nations. The move follows a November pledge by U.S. President Joe Biden and Chinese Communist Party (CCP) General Secretary Xi Jinping to work to improve ties amid heightened tensions.