Economics

Summers ‘Concerned’ Over Lack of Regular U.S. Talks With China

U.S. Treasury planning to forgo resurrection of dialogue
Ex-Treasury chief says disagreements underline need for talks

WATCH: Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, expresses his concerns about the lack of China-U.S. talks.(Source: Bloomberg)

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By Chris Anstey and Romaine Bostick

July 16, 2021 at 7:06 PM UTC

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Ex-Treasury Secretary Lawrence Summers urged the establishment of an “ongoing” channel of U.S. communication with China following a report that his former department is planning not to resurrect a previous forum for such contacts.