China says agrees to keep high-level exchanges with US after Yellen visit

<ul><li>Calls on US to take practical actions in response to China's major concerns</li><li>This relates to economic sanctions and crackdowns</li><li>Reiterates concerns on lifting of tariffs on China and suppression of Chinese companies</li><li>Says China's development is an opportunity, not a threat to the US</li><li>Agrees to keep high-level exchanges, all-level communications on economic matters</li></ul><p>A lot of these are for the optics mainly, with both sides continuing to reaffirm that they need to cooperate. However, the tensions in the relationship aren't going away any time soon and as always is the case, actions speak louder than words. I don't see any meaningful changes whatsoever to come after Yellen's visit.</p>

This article was written by Justin Low at www.forexlive.com.