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Free AccessChinese Commerce Min To Visit US, Meet Counterparts
(MNI)-London - Chinese Commerce Minister Wang Wentao is set to visit the US for the Asia-Pacific Economic Cooperation Ministers Responsible for Trade meeting taking place in Detroit, MI 25-26 May. During the course of the meeting he will hold talks with USTR Katherine Tai. Prior to this he will meet with US Commerce Secretary Gina Raimondo in Washington, D.C. These talks mark the first meetings between US and Chinese Cabinet-level officials since the 'spy balloon' controversy of Jan-Feb.
- MofCOM Ministry spox on G7 comments regarding China being a risk: Hopes G7 will not abuse trade and investment restrictions while saying that they will not decouple.'
- MofCOM: 'China is still in talks with parties on joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)'.
- Tensions between the two sides have remained strained in recent weeks, with the US announcing the completion of the first part of the 'US-Taiwan Initiative on 21st Century Trade' in the aftermath of Beijing's confirmation of Wang's visit.
- According to Politicothis sparked anger from China, with an official supposedly stating that “both sides are still discussing the details at the working level.” on Wang's visit. Nevertheless, it appears these issues were resolved in order to facilitate the trip.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.