US Treasury Secretary Janet Yellen has called on Chinese Vice Premier He Lifeng to discuss bilateral economic relations and global issues during their meeting in the US.
Yellen is hosting He in San Francisco on Thursday and Friday, ahead of a summit of the Asia-Pacific Economic Cooperation forum.
In her opening remarks, Yellen said the United States has no desire to decouple from China. She said, "We seek a healthy economic relationship with China that benefits both countries over time."
Yellen said, "I look forward to discussing our collaboration on global challenges, from climate change to debt distress in low-income countries and emerging markets."
She also said, "If we have concerns about specific economic practices, such as those that prevent US firms and workers from competing on a level playing field, we will communicate them directly."
Yellen stressed that the US will continue to take "targeted actions" to protect its security and that of its allies. The US has already imposed export restrictions on some items to China.
Yellen plans to hold a news conference at the end of the talks on Friday.