Connect with us

Hi, what are you looking for?

Top Stories

Editor's Pick

China expresses concerns to US over tariffs, sanctions in Beijing talks

BEIJING — China’s financial officials expressed concerns to visiting US Treasury officials about US tariffs, investment restrictions and sanctions set up to “suppress” Chinese companies, the Chinese finance ministry said on Tuesday.

Both sides had “in-depth, frank, pragmatic and constructive” exchanges on their macroeconomic situation and policy, and developing countries’ debt, among other issues in the meetings this week in Beijing, the ministry said.

They agreed to continue to maintain communications, it added.

In a separate meeting, China’s vice premier He Lifeng also met with US Treasury Undersecretary for International Affairs Jay Shambaugh on Tuesday, China’s official Xinhua news agency reported.

The vice premier urged the two countries to deepen exchanges and cooperation to stabilize and develop the China-US economic relationship, the agency added.

The talks underscore trade tensions between the world’s two largest economies. Both have made overtures to ease the friction, especially as the US ramps up export controls meant to keep the most advanced semiconductors out of China’s hands.

China’s vice minister of commerce, Wang Shouwen, expressed concerns about the restrictions on semiconductors and cloud services in China, fair treatment of Chinese companies in the US, and photovoltaic restrictions, according to a statement from the commerce ministry.

“Sino-US economic and trade cooperation is a stabilizing force in the relations between the two countries, Mr. Wang said in a separate video call with US Deputy Secretary of Commerce Marisa Lago, adding that China is ready to work with the United States, expand cooperation and manage differences. — Reuters

You May Also Like


As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the...

Editor's Pick

FINANCE SECRETARY RALPH G. RECTO — DEPARTMENT OF FINANCE By Keisha B. Ta-asan, Reporter NEWLY APPOINTED Finance Secretary Ralph G. Recto took his oath as...


The introduction of aggressive climate objectives by global economies and growing prospects for reducing carbon emissions are driving the growth of the district heating...


In the dynamic automotive sector, consistent growth of the electric vehicle (EV) charging industry has become increasingly evident. Consumers and businesses alike are recognizing...

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Secrets Of Richdads. All Rights Reserved.