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US, Chinese commerce chiefs raise complaints on trade, investment, export policies

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Their meeting in Washington was the first US-China Cabinet-level exchange in months. Read more at straitstimes.com.

DETROIT - US Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao traded barbs on trade, investment and export policies in talks on Thursday described by Ms Raimondo’s office as “candid and substantive”.after a string of trade and national security irritants derailed plans for re-engagement between the world’s two largest economies.

“Secretary Raimondo also raised concerns about the recent spate of PRC actions taken against US companies operating in the PRC,” the statement added. Both sides agreed to establish and maintain open communication channels, with Ms Raimondo’s office saying that would help “responsibly manage the relationship”.

Mr Wang is also expected to meet with US Trade Representative Katherine Tai on the sidelines of an Asia-Pacific Economic Cooperation trade ministers meeting in Detroit that wraps up on Friday.at a Group of 20 summit in Indonesia last NovemberBut those plans suffered several setbacks, starting with the downing of a Chinese spy balloon in US coastal waters.

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US raises concerns with China about actions against US companiesU.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese Minister of Commerce Wang Wentao during a meeting on Thursday in Washington, according to a U.S. readout.'The two had candid and substantive discussions on issues relating to the
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