The envoys of the world’s two leading powers painted starkly different pictures of US-China ties, each offering a competing assessment of the state of their economic relations – just as a recently agreed framework to ease trade tensions hangs in limbo. Speaking at the US-China Business Council in Washington on Wednesday, Chinese ambassador Xie Feng called the trade relationship “generally balanced” and tariffs on Chinese imports “still unreasonably high”, warning that the US goods deficit would... Politics
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