US companies are increasingly interested in China's big import event despite trade war

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

American companies remain keen on tapping business opportunities in China, despite trade tensions between the two countries.

"We have heard very positive feedback from U.S. companies who participated in last year," Jake Parker, vice president of China operations at the U.S.-China Business Council, said in an email to CNBC.

"According to what we know so far, the majority of agreements have already been completed," Ren said. "There are still some agreements and contracts in the process of being carried out because they are a one-year agreement." The U.S. and China have each slapped tariffs on billions of dollars' worth of goods from the other amid the trade tensions that have lasted for more than a year. In addition to reducing the trade deficit, the Trump administration would like China to improve the business environment for foreign companies by addressing complaints on issues such as forced technology transfer, a lack of intellectual property protection and an uneven playing field in a system controlled by the state.

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:

 /  🏆 12. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Asia stocks set to trade lower as US-China trade talks resumeStocks in Asia were set to trade lower on Monday as U.S.-China talks resume in Beijing later this week amid low expectations for a major breakthrough. All fighting for market in africa
Source: CNBC - 🏆 12. / 72 Read more »