U.S.-China Officials To Meet On Economy

ZURICH (AP) – U.S. Treasury Secretary Janet Yellen is set to sit down with her Chinese counterpart in Switzerland on Wednesday. It’s the highest-ranking contact between the two countries since their presidents agreed to look for ways to ease strained relations. Yellen’s first face-to-face meeting with Vice Premier Liu He comes as the U.S. and Chinese economies grapple with differing but intertwined challenges on trade, technology and more. The Chinese economy is reopening after a COVID-19 resurgence killed tens of thousands of people and shuttered countless businesses. The U.S. is slowly recovering from 40-year high price inflation and is on track to hit its statutory debt ceiling.