Business group’s head of international affairs says this could help lay groundwork for improved US-China relations and progress toward expanded trade pact.
US-China trade war deal reaches first anniversary as bilateral mistrust hits ‘all-time high’
One year after signing, China lags far behind in its purchases of American goods and the trade imbalance with the US has grown
But the agreement remains one of the only areas of cooperation between the nations as relations hit their lowest ebb in decades
U.S. Chamber of Commerce expects high-level Chinese visit early in Biden administration Andrea Shalal Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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The U.S. Chamber of Commerce sees “every indication” that a high-ranking delegation of Chinese officials will visit Washington early in the administration of President-elect Joe Biden, a top Chamber official said on Wednesday.
Myron Brilliant, head of international affairs for the business group, told reporters such a visit could help lay the groundwork for improved U.S.-China relations and progress toward an expanded trade agreement.
HONG KONG, Jan 11 Wall Street institutions in Hong Kong said they are reducing exposure to Chinese companies named in a US ban on investments in companies Washington considers linked to China’s military before the rules comes into force later today. Goldman Sachs JPMorgan and Morgan Stanley.
Read more about China issues rules for citizens to stop unjustified use of foreign laws on Business Standard. The Chinese move comes as outgoing U.S. President Donald Trump extends his campaign against Chinese companies in his final days in office, further straining ties between the world s two largest econom