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flag U.S. and China hold virtual meeting to stabilize economic ties amid political transition.

flag Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Janet Yellen held a virtual meeting on January 7, agreeing to maintain communication and stabilize China-U.S. economic relations during the U.S. political transition period. flag They discussed past cooperation and the role of dialogue mechanisms, with China expressing concerns over U.S. trade restrictions. flag The meeting was described as constructive.

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