United States and China agree to discussions on “balanced economic growth”. “These exchanges will facilitate a discussion on macroeconomic imbalances, and I intend to use this opportunity to advocate for a level playing field for American workers and businesses," Yellen said in a separate statement.

Janet Yellen arrived in China on Thursday for four days, with a first stop in Guangzhou (south), then was due to go to Beijing on Saturday. Ms. Yellen's visit, her second to China in a year, comes as Washington and Beijing disagree on a number of subjects, such as access to cutting-edge technologies.