China-US relations face difficulties, says Chinese Premier Li Qiang
(VOVWORLD) - Bilateral relations and economic and trade cooperation between China and the US are facing difficulties, Chinese Premier Li Qiang told the chair of the US-China Business Council Marc Casper, who leads a delegation on a visit to Beijing. He said China is willing to work with the US to jointly safeguard international trade rules and ensure the stability of global industrial chains.
 Chinese Premier Li Qiang at a press conference in Beijing, March 13, 2023. (Photo: Xinhua/VNA) |
Li's remarks came at a time of frosty ties between the world's two largest economies, and ahead of US Commerce Secretary Gina Raimondo's expected visit to China in late August.
The same day, Casper and Chinese Minister Industry and Information Technology Jin Zhuanglong discussed China-US industrial development cooperation and other issues.
US President Joe Biden on August 10 issued a ban on US businesses investing in sensitive high-tech sectors in China, after banning the export of advanced microchips to the Chinese market.
Beijing considers these measures to be violations of the principles of free trade. Both countries are continuing to impose high tariffs on certain imports.