US Treasury Secretary to Meet Chinese Central Bank’s Governor

US Treasury Secretary Steven Mnuchin is expected to meet PBOC Governor Yi Gang at a G20 bankers' meeting in Japan this weekend.


US Treasury Secretary Steven Mnuchin is expected to meet PBOC Governor Yi Gang at a G20 bankers’ meeting in Japan this weekend. This would be the first in-person interaction between US and China negotiators in almost one month even as the trade war continues.

Since the last meeting, each side has blamed the other for the breakdown in talks and neither party has signaled any resumption of discussions yet. The tariff hike on each other’s imports as well as Trump banning Huawei from doing any business with US companies have soured the equation between the two countries considerably.

The meeting was announced officially on Tuesday by a Treasury spokesman, although no details were forthcoming on the agenda. In their previous meetings on the sidelines of the G20 summit, Mnuchin and Yi have been known to discuss issues related to global finance and economy.

Will we see a thaw in the US-China trade war begin at this meeting?

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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