China, US hold ‘productive’ economic meet

WASHINGTON, Oct 24 (AFP): US and Chinese officials held a "productive" first meeting on Monday of a new economic working group, the Treasury Department said, as both countries seek to steady ties.

"The delegations met virtually for two hours and had a productive and substantive discussion on topics including domestic and global macroeconomic developments," the Treasury Department said in a statement. "US officials also frankly raised areas of concern," it added.

The economic working group was set up after US Treasury Secretary Janet Yellen visited Beijing in July, where she met high-level officials including Chinese Vice Premier He Lifeng.

A separate financial working group will hold its first meeting on Wednesday.