BEIJING: Chinese Vice Commerce Minister Wang Shouwen told his US counterpart on Saturday that a modern China was an economic “opportunity” not a “threat” to the United States, the ministry said.

Trade is one of the many areas of friction between the world’s two leading powers, along with rivalry in technology and tensions in the South China Sea and over Taiwan.

Wang met US Under Secretary of Commerce for International Trade Marisa Lago in the northern port city of Tianjin — the second meeting this year between the two officials.

They held “professional, rational and pragmatic” discussions on political and trade issues, raised in particular by the business communities of the two countries, the commerce ministry said in a statement.

Wang expressed China’s concerns about the numerous US customs duties and sanctions targeting Chinese companies or products.

Published in Dawn, September 8th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military convictions
22 Dec, 2024

Military convictions

THE sentencing of 25 civilians by military courts for their involvement in the May 9, 2023, riots raises questions...
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...
Strange claim
Updated 21 Dec, 2024

Strange claim

In all likelihood, Pakistan and US will continue to be ‘frenemies'.
Media strangulation
Updated 21 Dec, 2024

Media strangulation

Administration must decide whether it wishes to be remembered as an enabler or an executioner of press freedom.
Israeli rampage
21 Dec, 2024

Israeli rampage

ALONG with the genocide in Gaza, Israel has embarked on a regional rampage, attacking Arab and Muslim states with...