Yellen to meet China central bank governor, Italy’s finance chief at G20 summit

U.S. Treasury Secretary Janet Yellen is due to speak with China’s central bank governor Yi Gang on Wednesday in a meeting that she said she hopes would reveal new insights into China’s policy plans and lead to more economic engagement between the two countries.
The meeting will take place on the sidelines of the G20 summit in Bali, which has been overshadowed by news that a rocket fell on NATO member Poland, killing two people and raising concerns that the Ukraine conflict could spill over its borders. Leaders of G7 and European nations at the summit were
meeting over the situation.
Yellen also will hold her first meeting with Italy’s new economy and finance minister, Giancarlo Giorgetti, on Wednesday as the G20 summit winds down.
In the meeting with Yi Gang, first reported by Reuters, Yellen and Treasury officials said that they would to seek more clarity on China’s plans to ease its COVID-19 lockdown that have curtailed its growth and restricted its supply chains and how Beijing will deal with problems in its massive property sector.