The Los Angeles Post
U.S. World Business Lifestyle
Today: March 11, 2025
Today: March 11, 2025

China expresses concern over US chip and connected vehicle policies

FILE PHOTO: News conference on economy on the sidelines of NPC in Beijing
October 08, 2024
Reuters - Reuters

BEIJING (Reuters) -China's commerce minister on Tuesday raised "serious concerns" with U.S. Secretary of Commerce over U.S. semiconductor policies towards China and restrictions on Chinese connected vehicles, calling for sanctions against Chinese companies to be lifted.

During a call with Gina Raimondo, Wang Wentao emphasised the need to clarify national security boundaries in trade to ensure global supply chain stability and foster bilateral business cooperation.

"China urges the U.S. to address the specific concerns of Chinese companies, lift sanctions as soon as possible and improve the business environment for Chinese firms in the U.S.," a ministry statement quoted Wang as saying.

Wang also declared China's willingness to work with the U.S. to bring bilateral economic relations back on track, the statement said.

The ministry noted that both sides held candid, in-depth, and practical discussions on mutual economic and trade concerns.

(Reporting by Ella Cao and Ryan WooEditing by David Goodman)

Related Articles

China says it is willing to talk with US to push forward bilateral trade Trump picks Lutnick to be Commerce secretary With Trump win, India open to freeing up market access for U.S. firms, sources say Thailand would benefit from any U.S-China trade war, says minister
Share This

Popular

Asia|Business|Travel

Korean Air launches new branding after $1.3 billion Asiana acquisition

Korean Air launches new branding after $1.3 billion Asiana acquisition
Asia|Business|Economy|Finance|Technology

Coinbase registers with Indian financial watchdog to offer crypto trading services

Coinbase registers with Indian financial watchdog to offer crypto trading services
Asia|Sports

The NBA’s shortest player is a 5-foot-8 rising star from Japan. Meet Yuki Kawamura

The NBA’s shortest player is a 5-foot-8 rising star from Japan. Meet Yuki Kawamura
Asia|Business|Economy|Political|Stock Markets|US

Asian stocks slump amid US recession fears

Asian stocks slump amid US recession fears

Economy

Business|Economy|Europe|Political

Central Europe's economies face risks from slowing trade, tariffs, IMF warns

Central Europe's economies face risks from slowing trade, tariffs, IMF warns
Economy|Europe|Political|Technology|US

Poland defiant over big tech tax plan in latest spat with US

Poland defiant over big tech tax plan in latest spat with US
Business|Economy|Europe

Renault says confident Espinosa keen to continue Renault/Nissan relationship

Renault says confident Espinosa keen to continue Renault/Nissan relationship
Business|Economy|Europe|Travel

Air France-KLM offers 300 million euros for 51% in Air Europa, El Confidencial reports

Air France-KLM offers 300 million euros for 51% in Air Europa, El Confidencial reports