A tariff war erupted between Beijing and Washington under the previous Trump administration. Since then, US President Joe Biden and some US allies have restricted exports to China of advanced semiconductors and the equipment to make them, citing security concerns.
“China demands the US give equal treatment to Chinese enterprises investing in the US in terms of market access, regulatory enforcement, public procurement and policy support,” Shu Jueting, a commerce ministry spokesperson, said.
“China expressed serious concerns concerning the US’ distriminatory (Section) 301 tariffs,” she added.
The commerce secretary was the latest Biden administration official to visit China in a bid to strengthen communications, particularly on economics and defence, amid concern that friction between the superpowers could spiral out of control.
“We believe that a better way to de-risk is to bring China-US economic and trade relations back to a stage of sound and steady development,” Shu said.
Wang and Raimondo have agreed to meet at least once a year.
Source: CNA
