Washington meeting eyes maintaining financial ties
The China-US Financial Working Group held its sixth meeting in Washington in October and exchanged views on the economic situation and financial policies — a move experts said sends a signal of maintaining consistent bilateral financial cooperation amid elevated uncertainties.
Financial regulators from both sides had "professional, pragmatic, candid and constructive discussions" during the meeting, said a statement by the People's Bank of China, the country's central bank.
The topics discussed covered macroeconomic and financial developments, monetary and financial policy, financial stability and regulation, capital markets, anti-money laundering and countering terror financing. They also exchanged views on how to strengthen cooperation in the supervision of cross-border financial services.