Janet Yellen and Chinese central banker discuss financial monitoring and money laundering

Reported by Robert Delaney  and Laura Zhou

US Treasury Secretary Janet Yellen has met with China’s deputy central bank governor Xuan Chengneng in Washington this week to discuss coordination on financial market monitoring and money laundering.

The talks this week marked a continuation of the sixth meeting of a bilateral economic working group and took place on the sidelines of the annual meetings of the World Bank and International Monetary Fund.

They also followed Yellen’s meeting last week with China’s vice-minister of finance Liao Min, covering Beijing’s most ambitious stimulus measures since the coronavirus pandemic and addressing other macroeconomic issues.

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