The looming restrictions were discussed during US Treasury Secretary Janet L Yellen's meetings with senior Chinese officials during her recent visit to China.
US Treasury Secretary Janet L Yellen concluded her Beijing visit with no announcement of developments or agreements for improving the ongoing rifts between the two countries, The New York Times reported.
During the first day of meetings in China, the US Treasury Secretary Janet L. Yellen criticized the punitive measures taken by the Chinese government against American firms, The New York Times reported.
Yellen, who arrived in India for the G20 Finance Ministers meeting, held a meeting with the Chief of various IT companies like Infosys Technologies Limited Nandan Nilekani, Wipro's head Rishad Premji and others in Bengaluru.
The treasury secretary said, "We are doing this by strengthening integration with our many trusted trading partners -- including India. We are seeing progress; as an example; technology companies like Apple and Google have expanded their phone production in India."
Washington DC [US], October 15 (ANI): Union Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen met on Thursday here for the 8th ministerial meeting of the India-USA Economic and Financial Partnership and had productive discussions on various subjects, including recove