Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

Trulieve Cannabis: Cash-Generative Platform With Schedule III Optionality (OTCMKTS:TCNNF)

December 18, 2025

Maui Land & Pineapple: Rate Cuts Should Help Real Estate Plays (MLP)

December 16, 2025

HAP: An Option To Consider If Inflation And Commodities Rise In 2026 (NYSEARCA:HAP)

December 15, 2025

Brussels imposes sanctions on oil trader Murtaza Lakhani over Russia allegations

December 15, 2025

Invesco Charter Fund Q3 2025 Portfolio Positioning And Performance Highlights

December 14, 2025

At least 11 people killed in terror attack on Jewish festival at Sydney’s Bondi Beach

December 14, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » China, US commerce and trade chiefs to meet next week
Economy

China, US commerce and trade chiefs to meet next week

Press RoomBy Press RoomMay 19, 2023
Facebook Twitter Pinterest LinkedIn WhatsApp Email

By David Brunnstrom, Michael Martina and David Lawder

WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week for meetings with the commerce secretary and Washington’s top trade official, the Chinese embassy spokesperson in Washington said on Thursday, as the U.S. seeks engagement with Beijing to salve damaged ties.

Liu Pengyu made the announcement at a Chinese embassy online briefing with journalists, adding that Beijing was open to communication at all levels with United States, but only on the basis of mutual respect.

The Chinese embassy later said in an emailed statement that both sides were still discussing details of the plans.

A source familiar with planning for the meetings said that Chinese Commerce Minister Wang Wentao was expected to meet with Commerce Secretary Gina Raimondo in Washington next week before traveling to Detroit for a meeting of Asia Pacific Economic Cooperation (APEC) trade ministers.

Wang would then meet with U.S. Trade Representative Katherine Tai on the sidelines of that gathering, scheduled for May 25-26.

Spokespersons for Tai’s and Raimondo’s offices did not respond to requests for comment.

Washington has expressed eagerness for high-level meetings with China in an effort to keep increasingly tense relations from veering toward conflict.

President Joe Biden’s national security adviser Jake Sullivan met China’s top diplomat Wang Yi last week in Vienna, and both sides recognized the need to move beyond an alleged spy balloon incident that dented relations between the superpowers, a senior U.S. official has said.

Biden has been seeking to hold a phone call with Chinese President Xi Jinping but neither side has offered updates on the prospects for such a call, or on the possibility of rescheduling a visit to Beijing by U.S. Secretary of State Antony Blinken.

Blinken postponed a planned February trip after the U.S. shot down a Chinese balloon that flew over sensitive military sites.

“It is imperative for the U.S. side to adopt a correct perception of China and we hope the U.S. side will return to a rational and pragmatic China policy for the two countries to better develop themselves and prosper together,” Liu told reporters.

Liu said China and the U.S. should put into practice what has been agreed between Xi and Biden at their last meeting in November and properly handle sensitive issues such as Taiwan, the democratically self-governed island claimed by China.

The U.S. and Taiwan on Thursday agreed on an initial trade pact, a move likely to anger China, which sees official engagement by the island with other countries as a violation of its sovereignty.

“China is open to communication at all levels and cooperation across the fields with the United States, but only on the basis of mutual respect, equality and mutual benefit,” Liu said before that trade deal was announced.

He added that the U.S. should work with China to “create favorable conditions for the future interactions between the two presidents.”

Some Biden administration critics, including Republican lawmakers, have questioned U.S. overtures to Beijing to hold high-level meetings, arguing that past decades of engagement have failed to change China’s calculus on a slate of trade, security and human rights issues.

Blinken, Raimondo, and U.S. Treasury Secretary Janet Yellen have all expressed interest in visiting China.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Treasury’s Yellen says funding bill allows lending of $21 billion to IMF trust By Reuters

Economy April 25, 2024

Pro-EU ex-minister beats Slovak PM Fico’s ally to set up run-off presidential vote By Reuters

Economy April 24, 2024

President Biden signs $1.2 trillion US spending bill By Reuters

Economy April 23, 2024

China plans new rules on market access, data flows Premier Li tells global CEOs By Reuters

Economy April 22, 2024

China could grow faster with pro-market reforms, IMF managing director says By Reuters

Economy April 21, 2024

China told it faces ‘fork in the road’ as officials meet CEOs By Reuters

Economy April 20, 2024
Add A Comment

Leave A Reply Cancel Reply

Latest News

Maui Land & Pineapple: Rate Cuts Should Help Real Estate Plays (MLP)

December 16, 2025

HAP: An Option To Consider If Inflation And Commodities Rise In 2026 (NYSEARCA:HAP)

December 15, 2025

Brussels imposes sanctions on oil trader Murtaza Lakhani over Russia allegations

December 15, 2025

Invesco Charter Fund Q3 2025 Portfolio Positioning And Performance Highlights

December 14, 2025

At least 11 people killed in terror attack on Jewish festival at Sydney’s Bondi Beach

December 14, 2025
Trending Now

Wall Street Roundup: Market Reacts To Earnings

December 12, 2025

Bear Market? Prepare Now With These 5 Best Stocks

December 11, 2025

TWFG: A Growing Insurance ‘Middle Man’ (NASDAQ:TWFG)

December 10, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.