The US treasury secretary said she also told Chinese officials they could raise concerns about US actions, and that Washington might "respond to unintended consequences" of its restrictions

China’s economic czar He Lifeng made the comments in a meeting with Janet Yellen, which saw the US treasury secretary double down on chip sanctions, while also urging 'direct' communication

"I think we gain and China gains from trade and investment that is as open as possible, and it would be disastrous for us to attempt to decouple from China," US treasury secretary Janet Yellen said

The US Treasury Secretary said Beijing had used the tactic against Australia and Lithuania and supply chains needed to be protected

Zambia defaulted on its debt in 2020 and has made little progress in restructuring it with Chinese and private creditors to date

Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen will talk on key issues like global economy, sovereign debt issues and climate change in their first in-person meeting