US Treasury Secretary and Chinese Vice Prime Minister meet to discuss subsidy policy for EVs. Each other's EV = electric vehicle...

. U.S. Treasury Secretary Yellen visited China and held talks with Vice Premier He Lifeng, who oversees financial and economic policy. It appears that a heated discussion took place over each other's subsidy policies for EVs (electric vehicles). On the 5th, U.N. Secretary-General Ban Ki-moon visited China to meet with President Xi Jinping.