Home / Business / China-US, US commerce Cooperate in managing differences, Beijing said.

China-US, US commerce Cooperate in managing differences, Beijing said.



top US commercial officer And China spoke on the phone and agreed to promote good trade. and cooperate on differences China’s Ministry of Commerce said on Thursday. It was the latest high-end exchange as countries clashed.

Both sides recognize the importance of business exchange. and will open up communication channels China’s statement It said after Secretary of Commerce Wang Wentao spoke with US Secretary of Commerce Gina Raimondo.

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“They agreed to promote the development of good trade and investment. and provide practical cooperation to deal with their differences,” the Chinese ministry said.

at the beginning of this month Chinese Vice Premier Liu spoke with US Treasury Secretary Janet Yellen. and at the end of last month He held a similar “frank”

; exchange with U.S. Trade Representative Katherine Tai.

BIDEN DROPS BANNED ON TIKTOK, OTHER CHINA-OWNED APPS, REQUIRES SECURITY CHECK.

The world’s two largest economies are in trouble on many fronts. by this week US Senate Approved a comprehensive bill aimed at increasing the country’s ability to compete with Chinese technology. This caused severe criticism from Beijing.

However, on Wednesday President Joe Biden has withdrawn a Trump-era executive order that seeks to ban new downloads from China’s popular WeChat and TikTok. and ordered the Commerce Department to investigate the security concerns raised by those apps and others.

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In an editorial on Thursday, the China Daily official said in the editorial that US technology laws “Really deployed for the Cold War”

(Reporting by Colin Qian, Engen Tham and Tony Munroe; Editing by Tom Hogue and Michael Perry)


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