US-China trade talks set for next week
Friday, 12 September 2008
WASHINGTON, Sept 11 (Internet): The United States and China hold high-level trade talks in California next week amid tensions over the Asian power's massive export surplus and concerns about a slowing global economy.
The meeting Tuesday will mark the 25th anniversary of the US-China Joint Commission on Commerce and Trade (JCCT), a government-to-government dialogue aimed at resolving bilateral trade issues to expand trade opportunities, the commerce department said.
US Secretary of Commerce Carlos Gutierrez and US Trade Representative Susan Schwab will host China's Vice Premier Wang Qishan at the JCCT talks at the Richard Nixon presidential library in Yorba Linda in southern California.
Gutierrez and Schwab will co-chair the talks with Wang, who is in charge of Chinese economic and trade matters.
US Secretary of Agriculture Edward Schafer will also participate in the session.
A private dinner for JCCT participants will be held Monday night, Jenifer Sarver, a commerce spokeswoman, told newsmen.
The bilateral trade talks come amid longstanding US concerns about China's currency, which critics say is kept undervalued, and its bulging trade surplus.
The United States and China have expressed concern about protectionism amid their economic difficulties, fuelled by high oil and food prices and financial market instability.
The meeting Tuesday will mark the 25th anniversary of the US-China Joint Commission on Commerce and Trade (JCCT), a government-to-government dialogue aimed at resolving bilateral trade issues to expand trade opportunities, the commerce department said.
US Secretary of Commerce Carlos Gutierrez and US Trade Representative Susan Schwab will host China's Vice Premier Wang Qishan at the JCCT talks at the Richard Nixon presidential library in Yorba Linda in southern California.
Gutierrez and Schwab will co-chair the talks with Wang, who is in charge of Chinese economic and trade matters.
US Secretary of Agriculture Edward Schafer will also participate in the session.
A private dinner for JCCT participants will be held Monday night, Jenifer Sarver, a commerce spokeswoman, told newsmen.
The bilateral trade talks come amid longstanding US concerns about China's currency, which critics say is kept undervalued, and its bulging trade surplus.
The United States and China have expressed concern about protectionism amid their economic difficulties, fuelled by high oil and food prices and financial market instability.