What China has and hasn’t done to address US trade gripes

US president Donald Trump and Chinese president Xi Jinping are embroiled in a trade war.

So just how much has China done since the two began locking horns last year over trade and technology? China analysts say the pace of market-driven change has quickened a tad as a result of Donald Trump’s trade war. A year later at the same venue, his top economic adviser, Vice Premier Liu He, said China would surprise the world with its reforms.China is widely seen doing too little opening, too late to match its heft as an economy striving for global dominance, despite continued pledges to do more.40% of European companies say China has improved market access, according to a business confidence survey by the European Chamber of Commerce in China published in May.

An amendment to the Trademark Law in April that increased compensation for infringements “got at specific issues of concern for foreign companies,’’ said Parker.

Source: News Formal (newsformal.com)

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