U.S. business groups encouraged by prospect of U.S.-China deal

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. business groups encouraged by prospect of U.S.-China deal GlobeBusiness

“It’s one of those confidence building measures,” Erin Ennis, senior vice-president of the U.S.-China Business Council, said of the move by Chinese legislators. It suggests “the two sides are talking the same language.”

The Trump administration also wants China to reign in subsidies for state-owned firms and for companies that are focused on emerging technologies such as artificial intelligence and self-driving cars. Still, it’s not clear how close the two sides are to an agreement. Earlier this week, U.S. Trade Representative Robert Lighthizer told a Senate committee that “there still are major, major issues that have to be resolved.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: Global stocks bounce after worst week of year, Brexit stresses sterlingPremarket: Global stocks bounce after worst week of year, Brexit stresses sterling GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »