China’s Top Central Banker Had ‘Constructive’ Talk With U.S. Treasury Secretary

(Bloomberg) — China’s central bank Governor Yi Gang and U.S. 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 U.S. Treasury Department. The talk lasted more than two hours and had a “frank, constructive and positive tone,” according to a Treasury official who declined to be named.