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U.S. and Chinese Executives to Meet on Nations’ Economic Relations

2017-07-19 1 Dailymotion

U.S. and Chinese Executives to Meet on Nations’ Economic Relations<br />American business leaders and policy makers have long been frustrated by China’s stance on a host of issues, including widespread Chinese theft of intellectual property, the United States’ huge trade deficit with China,<br />and the heavy government subsidies enjoyed by many Chinese companies.<br />Mr. Schwarzman, who convened the president’s strategic<br />and policy forum late last year to provide Mr. Trump with economic advice from American business leaders, has become an important outside adviser to the administration.<br />On Tuesday, Wilbur L. Ross, the secretary of commerce, will host a daylong meeting<br />in Washington with more than 20 business leaders from the United States and China.<br />By KATE KELLYJULY 17, 2017<br />Leaders of major United States companies with deep ties to China will meet on Tuesday with their Chinese<br />counterparts to try to ease the increasingly rocky economic relationship between the countries.<br />Topics are expected to include the customs hurdles facing Chinese companies<br />that sell goods to the United States and the exportation of American natural gas products to China.<br />At the same time, the Trump administration has sought to compromise with the Chinese<br />government in hopes of spurring trade and helping American companies.

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