China says to promote U.S. business ties on basis of 'mutual respect'
05/03/2021 04:08
BEIJING, March 5 (Reuters) - Chinese Premier Li Keqiang
pledged on Friday to promote business ties with the United
States based on "mutual respect" that benefit both countries.
The world's two largest economies have been at odds over
trade and economic policy, especially when it comes to U.S.
efforts to restrict tech exports to China and tariffs both have
put on each others goods.
This week, President Joe Biden singled out a "growing
rivalry with China" as a key challenge facing the United States,
with his top diplomat describing the Asian country as "the
biggest geopolitical test" of this century. urn:newsml:reuters.com:*:nL2N2L13FV
In his annual work report at the opening of the annual
meeting of China's parliament, Li said his country wanted to
work with the United States.
"We will promote the growth of mutually beneficial
China-U.S. business relations on the basis of equality and
mutual respect," he said, without giving details.
The United States has also repeatedly complained about
market access problems in China for its companies.
Biden's U.S. trade representative nominee, Katherine Tai,
said on Monday she would work to fight a range of "unfair"
Chinese trade and economic practices and would seek to treat
Chinese censorship as a trade barrier. urn:newsml:reuters.com:*:nL2N2KZ31P
(Reporting by Yew Lun Tian; Writing by Ben Blanchard; editing
by Jane Wardell)
((ben.blanchard@thomsonreuters.com;))