From CNBC:

In San Francisco, U.S. Secretary of the Treasury Janet Yellen greeted China’s Vice Premier He Lifeng to prepare for the APEC summit, reports Justin Sullivan of Getty Images. Meanwhile in Beijing, Vice Premier He pledges to make it easier for foreign institutions to invest in China. The MSCI China stock index fell by 11% in 2023, the first annual decline in 20 years, according to Goldman Sachs.

He promises that China will continue to deepen the reform and two-way opening-up of its capital market to attract foreign financial institutions and capital. Additionally, there are remarks from the People’s Bank of China Governor Pan Gongsheng about a lecture on the global economy and stagflation given by U.S. President Emeritus of Harvard University Lawrence Summers. Finally, Chinese Premier Li Qiang is set to speak at the World Economic Forum’s annual summit in Davos, Switzerland.



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