US-China trade talks leave ‘much room for cooperation’ despite few details and no response from Washington

While exact details surrounding the latest trade talks between China and the United States remain scarce, and Washington has not yet issued an official response, there are hopes in Beijing that a “more reasonable and rational” approach from the Biden administration could soon lead to a reduction in tariffs and a further easing of restrictions on Chinese companies.Beijing confirmed that Commerce Minister Wang Wentao and his American counterpart, Gina Raimondo, held a “candid and pragmatic…

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