UNB, Beijing :
US officials say a delegation led by Treasury Secretary Steven Mnuchin has arrived in Beijing for talks on a festering dispute over trade and technology.
The mission including Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer is due to hold talks later Thursday and Friday with Chinese officials led by Liu He, President Xi Jinping’s top economic adviser.
In his complaints over the chronic U.S. trade deficit with China, President Donald Trump has zeroed in on a program under Xi known as “Made in China 2025” that aims to make China a tech superpower.
The plan mostly involves subsidizing Chinese firms. But foreign companies are unhappy over requirements that they share key details about their technology to Chinese partners.
US officials say a delegation led by Treasury Secretary Steven Mnuchin has arrived in Beijing for talks on a festering dispute over trade and technology.
The mission including Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer is due to hold talks later Thursday and Friday with Chinese officials led by Liu He, President Xi Jinping’s top economic adviser.
In his complaints over the chronic U.S. trade deficit with China, President Donald Trump has zeroed in on a program under Xi known as “Made in China 2025” that aims to make China a tech superpower.
The plan mostly involves subsidizing Chinese firms. But foreign companies are unhappy over requirements that they share key details about their technology to Chinese partners.
