Saturday, 29 March 2025
Home Topics Business China expresses concern over US chip and connected vehicle policies in high-stakes talks
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsPoliticsRegulationsSolarStorageTrade

China expresses concern over US chip and connected vehicle policies in high-stakes talks

84
FILE PHOTO: Chinese Commerce Minister Wang Wentao attends a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China March 6, 2024. REUTERS/Tingshu Wang/File Photo
Chinese Commerce Minister Wang Wentao attends a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China, March 6, 2024. — REUTERS/Tingshu Wang/File Photo

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

Lilium burnt through huge sums while trying to develop its jet (AFP)

German flying taxi start-up’s rescue deal collapses

A German flying taxi start-up said on Friday it would halt operations...

FILE PHOTO: U.S. Secretary of the Interior Doug Burgum speaks as he attends a signing ceremony with members of the West Virginia Congressional Delegation at the EPA headquarters in Washington, D.C., U.S., February 18, 2025. REUTERS/Kent Nishimura/File Photo

US energy council chief says power plants to produce 15% more electricity

By Valerie Volcovici WASHINGTON (Reuters) – U.S. Interior Secretary and co-chair of...

Cuba has inaugurated a new solar energy park in the capital Havana (AFP)

Cuba opens solar park hoping to stave off blackouts

Cuba on Friday unveiled a new solar energy park in the capital...

FILE PHOTO: Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. REUTERS/Stringer/File Photo

Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes

By Amy Lv and Lewis Jackson BEIJING (Reuters) -Iron ore futures prices...

Login into your Account

Please login to like, dislike or bookmark this article.