The U.S. and China are still far apart on economic and trade questions, with recent statements from both sides showing just how big that gap remains.
China’s ambassador to Washington said over the weekend that Beijing wants the U.S. to stop restrictions and sanctions against its companies, outlining some of the Asian nation’s demands for future talks. That was in response to U.S. Trade Representative Katherine Tai’s comments before her call with Vice Premier Liu He, in which the U.S. raised concerns about China’s state-led support for businesses.
Beijing wants the U.S. to rectify problems such as the increasing difficulty Chinese companies have investing or listing in the U.S. and the restrictions placed on more than 900 Chinese entities, Ambassador Qin Gang told Phoenix TV in an interview, according to a summary on the embassy’s website. In particular, restrictions due to "national security” are unfair, Qin said, warning of serious consequences if this continued.
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