Mnuchin seeks balance with China

US Treasury Secretary Steven Mnuchin held separate calls (February 17, 2017) with Chinese Vice Premier Wang Yang, Minister of the Office of the Central Leading Group on Financial and Economic Affairs Liu He, People’s Bank of China (PBOC) Governor Zhou Xiaochuan, and Chinese Minister of Finance Xiao Jie. Mnuchin looked forward to fostering strong USChina engagement during his tenure and emphasized the importance of achieving a more balanced bilateral economic relationship going forward. The Treasury Secretary also stressed that demonstrated leadership by the two countries on critical issues will not only be beneficial to each country but also to the global economy.