Late on Tuesday, Reuters published the statement from the US Commerce Department: “US Commerce Secretary Gina Raimondo met with the Chinese Ambassador as well as Vice Foreign Minister Xie Feng and had a ‘productive discussion’ ahead of her trip to China next week“.
While airing the details of the meeting, the news also claimed that US Commerce Secretary Raimondo highlighted the importance to American businesses and workers.
The news also noted the discussion of policy makers on issues surrounding US-China trade ties and challenges facing US companiesas well as areas of potential cooperation.
At the beginning of the week, the Bureau of Industry and Security (BPI) of the US Department of Commerce. Removed 27 Chinese entities from its list of unverified entities, removing sanctions against such entities and hopes were raised that ties between the US and China would improve.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
