Candy phrases from China to US enterprise fail to appease Washington ire

Senior US and Chinese language officers on Thursday supplied competing visions of the position that companies ought to play in relations between the 2 powers, with Beijing’s envoy in Washington pointing to financial ties as an “anchor and propeller” within the tense relationship.

The US, in flip, amplified considerations about Beijing’s non-market practices and warned American corporations that their operations in China may undermine US nationwide safety.

Talking in Washington, Qin Gang, China’s ambassador to the US, mentioned Beijing stood “prepared” to broaden financial cooperation within the arenas of agriculture, manufacturing, vitality, and monetary providers.

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