Chinese Premier Li Keqiang on Tuesday pledged to an assembly of global business leaders and government representatives that Beijing will push to create an equal playing field in the country for all companies.
agreement this past weekend to proceed with trade talks. Negotiations had taken a turn for the worse in early May, but at their meeting on the sidelines of the G-20 meeting in Osaka, Japan, the two leaders said they would resume looking for a way forward.
Trade tensions between the world's two largest economies have lasted for more than a year. Both countries have levied tariffs on billions of dollars' worth of goods from the other. The U.S. has also put tech firm Huawei on a blacklist that effectively prevents American companies from selling to the Chinese telecommunications giant. Trump said Saturday he would consider allowing sales to the company, and said the U.S. would hold off on tariffs on Chinese goods.
Lifting restrictions on foreign ownership of securities, futures and life insurance firms by 2020, a year earlier than previously planned.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese military conducts anti-ship ballistic missile tests in the hotly contested South China SeaThe development comes as the U.S. and China have paused tensions in their ongoing trade battle. U.S. President Donald Trump and Chinese President Xi Jinping agreed over the weekend at the G-20 summit in Japan to not impose new tariffs on each other's goods.
Read more »
Chinese military conducts anti-ship missile tests in South China SeaChina has been conducting a series of anti-ship ballistic missile tests in the hotly contested waters of the South China Sea, according to two U.S. officials with knowledge of the matter.
Read more »
China has a new casino: the PhilippinesGambling is illegal in China, but that doesn’t prevent Chinese gamblers from betting tens of thousands of dollars online.
Read more »
Tech war with US is spurring Chinese firms to develop their own chips, says VCThe U.S.-China trade war and the threat that Chinese firms could be cut off from using American technology is boosting China's push for its own semiconductor industry.
Read more »
Hundreds of Hong Kong protesters storm government building over China extradition billHundreds of protesters have stormed into the heart of Hong Kong's government headquarters as riot police retreat. Follow live updates:
Read more »
Here are the biggest stock winners from the US-China trade ceasefireA truce in the U.S.-China trade war has sparked a relief rally across risk assets, but these stocks are really cheering.
Read more »