China urged US to remove additional tariffs on Chinese goods, stop crackdowns on Chinese firms during Yellen’s visit – finance ministry
MACRO
China urged US to remove additional tariffs on Chinese goods, stop crackdowns on Chinese firms during Yellen’s visit – finance ministry
MACRO

China urged US to remove additional tariffs on Chinese goods, stop crackdowns on Chinese firms during Yellen’s visit – finance ministry

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

China’s Ministry of Finance said that during US Treasury Secretary Janet Yellen’s China trip which ended on Sunday, the Chinese side raised major concerns with the US side, and urged the US to remove additional tariffs on Chinese goods, stop crackdowns on Chinese companies and treat two-way investments fairly.

The two sides had “candid, pragmatic, in-depth and constructive” meetings, which focused on economic and financial situations of the two countries and the world, cooperation on jointly tackling global challenges and their concerns on economic issues, the ministry said in a statement.

Specifically, the Chinese side urged the US side to take practical actions to respond to China’s major concerns about US economic sanctions and suppression, reiterating calls for the US to remove additional tariffs on Chinese goods, stop crackdowns on Chinese firms, treat two-way investment fairly, relax restrictions on exports to China, and revoke bans on products related to Northwest China’s Xinjiang Uygur Autonomous Region, it said.

Those actions against China “have damaged the legitimate rights and interests of Chinese market entities and undermined the public opinion foundation of bilateral relations,” the official said.