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US, Chinese finance officials open meetings in Beijing

U.S. Treasury and Chinese Finance Ministry officials started a two-day meeting in Beijing on Thursday to discuss financial stability and capital markets issues between the two economic powers, deepening an engagement revived last year. A U.S. Treasury official said the meeting, the first in-person meeting in China of the new group, was due to conclude on Friday. Other topics include international financial institutions such as the World Bank and International Monetary Fund, cross-border payments and cooperation to combat money laundering and narcotics trafficking. ....

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