Hey there! π Did you know that China and the United States just had an important meeting about money and how it affects everyone? Let’s dive in! πββοΈ
What’s the Big Deal?
From December 15 to 16, big decision-makers from China and the US got together in Nanjing, a city in China. They call it the “China-US Financial Working Group,” and this was their seventh meeting!
Who Was There?
On the China side, there was Xuan Changneng, who’s like a big boss at China’s central bank (that’s the main bank in China). On the US side, Brent Neiman, an important person from the US Treasury, joined in. π
What Did They Talk About?
They chatted about lots of things, like:
- How the economies are doing πΉ
- Money rules and policies π°
- Keeping the financial world stable π¦
- Stopping bad guys from misusing money (like in money laundering) π΅οΈββοΈ
- Working together on climate change π
They even updated a special agreement to help each other out in the insurance world. How cool is that? π€©
Why Should You Care?
When big countries like China and the US work together, it can make the world a better place! It can help keep prices fair, protect the environment, and make sure that banks and money systems work well for everyone. π
What’s Next?
The teams will keep talking and working together to solve big problems and make things better for people like you and me! Stay tuned for more updates! π’
Isn’t it awesome when countries team up? What do you think they should talk about next? π€
Reference(s):
cgtn.com