China agreed on Thursday to negotiate a bilateral investment treaty with the United States, a move hailed by Washington as a significant step in the Asian giant’s economic reforms that could level the playing field for American businesses.
China made the concession during annual US-China security and economic talks in Washington. Commerce Minister Gao Hucheng told reporters that negotiations on substantive parts of a treaty would start “as soon as possible.” Reported by S.China Morning Post 1 hour ago.
China made the concession during annual US-China security and economic talks in Washington. Commerce Minister Gao Hucheng told reporters that negotiations on substantive parts of a treaty would start “as soon as possible.” Reported by S.China Morning Post 1 hour ago.