News release: “At the fifth Cabinet-level meeting of the Strategic Economic Dialogue (SED), United States and Chinese policymakers grappled with the most significant issues in our bilateral economic relationship, including strategies for managing macroeconomic risks and promoting balanced economic growth; strengthening cooperation in energy and the environment; confronting the challenges to trade; promoting open investment environments; and furthering international economic cooperation. Cooperation to address the current global financial turmoil and economic slowdown and cooperation on key energy and environmental challenges were two areas of particular focus as 15 U.S. Cabinet officials and agency heads joined Secretary Paulson for discussions with China’s Vice Premier Wang Qishan and a delegation of 21 Chinese minister and agency heads.”

• Paulson Closing Statement at the SED
• Joint U.S.—China Fact Sheet: The Fifth U.S.-China SED
• US and China Announce Annual Trade Finance to Assist Global Trade
• Related postings on financial system