American business group asks Washington to 'utilize every arrow' against China

American business group asks Washington to 'utilize every arrow' against China

America needs to utilize every arrow in its quiver for the purpose of ensuring a level commercial playing field in China. That’s what an American business lobby told on Tuesday. They also warned that 2017 might appear to be the toughest year in decades for US companies in the country.

China's policies specially designed to back domestic companies and also create national champions have already narrowed the space for foreign businesses, as the American Chamber of Commerce in China told in its annual business climate report.

Meanwhile, the White House has told that American as well as Chinese officials are fleshing out a promise by leaders Xi Jinping and Donald Trump for a 100-day plan to drop the American trade deficit with China that hit $347 billion the previous year.

However, the chamber told it hoped market access for American companies China would be paid more attention. 

Similar

Popular

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera