[Beijing 29th Reuters]-China ’s Deputy Commerce Minister Wang Wenweb will make the two countries resolve trade disputes “with a calm and rational attitude” before the US-China ministerial trade talks scheduled for October 29 Showed expectations. Ministerial talks are scheduled to be held October 10-11 in Washington, and the Chinese side is expected to be led by Deputy Prime Minister Liu Tsuru.
Mr. Wang, who has joined the US negotiating team, announced at a press conference that Liu will leave for Washington from October 1st (National Day) on the 7th of the same month. He said he hoped that both sides could find a way to bridge the gap. “This is beneficial to the people of both countries and the world,” he continued.
On the other hand, according to information from several parties, the Trump administration is considering delisting Chinese stocks listed on the US stock exchange. As part of measures to limit investment in Chinese companies from the United States, it is behind the growing concern about security in the movement of Chinese companies. [nL3N26I3Y4]
The US has accused the Chinese market of lack of access to US companies, compulsion of technology transfer, and inadequate protection of intellectual property rights.
Mr. Wang, Commerce Secretary, reiterated that China intends to open more sectors to foreign investors and that there is no change in the policy of protecting the rights of foreign companies operating in China.
Earlier, at the conference, Mr. Ulsan pointed out that Chinese companies are facing many difficulties as trade friction brings unprecedented trade challenges to the country. At the same time as showing a policy to expand imports, he indicated that measures to stabilize trade would have positive results. However, I did not explain in depth.
