Intriguing Yellen's virtual talk with China's Vice Premier

1. PRC Official
"BEIJING, Jan. 7 -- Chinese Vice Premier He Lifeng on Tuesday held talks
via video links with U.S. Treasury Secretary Janet Yellen, with both
sides agreeing to maintain communication, manage differences and
continue to stabilize China-U.S. economic relations during the
transition period.
The two lead persons for China-U.S. economic and trade affairs reviewed
the experience of China-U.S. economic exchanges and cooperation in
recent years and spoke highly of the important role of China-U.S.
economic and financial working groups and other dialogue mechanisms in
implementing the important consensus reached by the two heads of state.
The Chinese side expressed concern over U.S. economic and trade
restrictions on China -- in particular clarifying China's position
concerning the recent trade investigation initiated by the U.S. side.
The video call was candid, in-depth and constructive, and both sides
agreed on the importance of maintaining communication."
https://english.www.gov.cn/news/202501/07/content_WS677cc0a1c6d0868f4e8ee92b.html
2. US Official
"January 6, 2025
WASHINGTON – Secretary of the Treasury Janet L. Yellen met virtually
today with Vice Premier He Lifeng of the People’s Republic of China as
part of her efforts to responsibly manage the bilateral economic
relationship.
Secretary Yellen and Vice Premier He discussed macroeconomic
developments in both countries. They also reviewed the work of the
Economic and Financial Working Groups that they jointly established last
year.
Secretary Yellen raised issues of concern, including those related to
China’s non-market policies and practices and industrial overcapacity,
which harm U.S. workers and firms, and unless addressed, will continue
to adversely affect the U.S.-China bilateral economic relationship. She
underscored the significant consequences that companies, including those
in China, would face if they provide material support for Russia’s war
against Ukraine. Secretary Yellen also expressed serious concern about
malicious cyber activity by PRC state-sponsored actors and its impact on
the bilateral relationship.
The virtual call was candid, in-depth, and constructive, and both sides
agreed about the importance of communication and contact."
https://home.treasury.gov/news/press-releases/jy2771