Home Business Chinese ministry and United States trade talks advanced due to tech transfers

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Chinese ministry and United States trade talks advanced due to tech transfers

Earlier in the day, Thursday, 10th January, the commerce ministry of China made an announcement stating it was possible for China and The United States of America to make process during their recent trade talks regarding structural issues like intellectual property rights and forced technology.

As per reports, Wednesday, 9th of January marked the conclusion of the three-day talks in Beijing between both countries which was reportedly the first face-to-face negotiations since U.S. President Donald Trump and the President of China Xi Jinping met in Buenos Aires and agreed on a 90-day truce in a trade war.

According to a statement given by the ministry’s spokesperson Gao Feng, he told reporters that this week’s talks were indeed lengthy precisely as both sides perceived honesty and seriousness.

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