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U.S. DEPARTMENT OF THE TREASURY
READOUT: Under Secretary for International Affairs Jay
Shambaugh’s Meeting with the Appointed Ambassador from the
People’s Republic of China Xie Feng
June 2, 2023

WASHINGTON - Under Secretary of the Treasury Jay Shambaugh today met with the appointed
Ambassador from the People’s Republic of China Xie Feng. The meeting was candid, constructive,
and part of ongoing efforts to maintain open lines of communication and responsibly manage our
bilateral relationship. While raising issues of concern, Under Secretary Shambaugh emphasized
the importance of the two largest economies closely communicating on global macroeconomic
and financial issues and working together on global challenges.