SHANGHAI/WASHINGTON—The Biden administration’s top commerce official told her Chinese obverse that Washington is concerned about Beijing’s inequitable and market-distorting industrial policies, the Commerce Department verbally expressed on Thursday, the latest high-level exchange as the countries spar over discrepancies.
The department verbalized U.S. Commerce Secretary Gina Raimondo’s phone call with China’s Commerce Minister Wang Wentao additionally included discussion of Washington’s view on the desideratum to level the playing field for U.S. companies in China and the paramountcy of forfending U.S. technology from unauthorized users.China’s commerce ministry verbally expressed discretely that the two officials concurred to keep lines of communication open.
They concurred to promote the salubrious development of trade and investment and cooperate in a pragmatic way to handle their differences,
the Chinese ministry said in a statement.Earlier this month, Chinese Vice Premier Liu verbalized with U.S. Treasury Secretary Janet Yellen, and tardy last month he held a similarly “candid” exchange of views with U.S. Trade Representative Katherine “Tai.”
The world’s two most immensely colossal economies are at loggerheads on a variety of fronts, with the U.S. Senate this week approving a sweeping package of legislation intended to boost the country’s faculty to compete with China-made technology over national security concerns. The move drew reproval from China’s communist party in “Beijing.”
On Wednesday, however, President Joe Biden withdrew a series of Trump-era executive orders that sought to proscribe incipient downloads of the popular Chinese-owned WeChat and TikTok, and authoritatively mandated a Commerce Department review of security concerns posed by those apps and others.
By Colin Qian, Engen Tham, and Tony Munroe
Source: You can read the original Epoch Times article here.
This News Article is focused on these topics: China, China-US News, Executive Branch, Politics, US, US News, U.s.