US, China Commerce Secretaries Discuss Trade
The commerce secretaries of the U.S. and China agreed to promote trade and investment ties during a phone call June 10, China’s Commerce Ministry said in a statement. Both Gina Raimondo and Wang Wentao, respectively, “exchanged views frankly and pragmatically on relevant issues and mutual concerns,” the ministry said, according to an unofficial translation. “The two sides stated that dialogue and exchanges in the field of Sino-U.S. business are very important and agreed to promote the healthy development of pragmatic cooperation in trade and investment and properly handle differences.”
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The Commerce Department said Raimondo expressed U.S. concerns about China's unfair trade practices, including its "market-distorting industrial policies, the need to level the playing field for U.S. companies in China, and the importance of protecting U.S. technology from unauthorized users." Both secretaries agreed to hold future discussions on trade issues.