China’s PBOC Governor, Yellen Had ‘Constructive’ Talk on Economy

China’s central bank Governor Yi Gang and US Treasury Secretary Janet Yellen exchanged views on the economic outlook for the world’s two largest economies Wednesday, days after the leaders of the two countries met in a bid to reset relations.

The two also addressed high and volatile energy and commodity prices in the meeting on the sidelines of a Group of 20 summit in Indonesia, according to a statement from the US Treasury Department. The talk lasted for more than two hours and had a “frank, constructive and positive tone,” according to a Treasury official who declined to be named.