The top Chinese official in charge of economic relations with Washington told Commerce Secretary Gina Raimondo on Tuesday he was ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension by launching groups to discuss export controls and other commercial disputes.
The agreement Monday was the most substantial result to date out of a string of visits by American officials to Beijing over the last three months to revive relations that are at their lowest level in decades. They express optimism about better communication, but neither side has given a sign it is ready to compromise on disputes about technology, security, human rights and other irritants.
The two governments would launch an “information exchange” about U.S. controls on technology exports that irritate Beijing, though she defended the curbs as necessary for national security and gave no indication they might be relaxed. Chinese leader Xi Jinping’s government is trying to revive investor interest in China and reassure foreign companies as part of efforts to reverse an economic slump.
A key Chinese complaint is limits on access to processor chips and other U.S. technology on security grounds that threaten to hamper the ruling Communist Party’s ambition to develop artificial intelligence and other industries. The curbs crippled the smartphone business of Huawei Technologies Ltd., China’s first global tech brand.
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Top Chinese official tells the US commerce secretary he's ready to improve cooperationThe top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension.
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Top Chinese official tells the US commerce secretary he's ready to improve cooperationThe top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension
Read more »
Top Chinese official tells the US commerce secretary he's ready to improve cooperationThe top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension.
Read more »
Top Chinese official tells the US commerce secretary he's ready to improve cooperationThe top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension.
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Top US and Chinese commerce officials express support for better trade conditionsU.S. Commerce Secretary Gina Raimondo and her Chinese counterpart have expressed support for improving trade conditions as Raimondo begins a visit to Beijing as part of U.S. efforts to improve chilly relations.
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