econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 01 July 2015

The Seventh US-China Strategic and Economic Dialogue: Still Hard to Eliminate Trade Barriers

Written by , GEI Associate

The seventh round of US-China strategic and economic dialogue was held on June 22 to 24, 2015 in Washington,D.C.. Secretary of State John Kerry, special representative of President Barack Obama, and State Councilor Yang Jiechi, special representative of President Xi Jinping, chaired the dialogue.

Through two days' conversation, China and US achieved over 300 outcomes for further cooperation in fields of economy, strategy and humanity, which include about 127 outcomes in strategic track.

Although it seems plentiful achievements have been reached during the dialogue, both sides were still not be able to achieve further significant development in improving trade relations and eliminating trade barriers.

During 2014, the trade volumes between US and China reached approximately 600 billion US dollars just in goods. Although both sides promised to further push negotiation during the dialogue, US-China bilateral trade agreements are still finding it difficult to make effective progress. Vice premier of State Council Wang Yang stated in his speech to US and China commercial leaders that barriers still exist between US and China. He said that both sides need to exploit new thoughts and seek a better cooperative policy environment.

In fact, there is some optimism about the overall investment environment between US and China. However, because China is always cautious about foreign capital, US finds it quite hard quite hard to mahe desired expansion into Chinese telecommunication and financial markets. In the meanwhile, US puts great emphasis on the safety risk associated with Chinese investment, which makes it difficult for some Chinese advanced industries like infrastructure to develop a US market as well.

As a result, there still exist significant trade and commerce barriers between the US and China. Each side do care about the other's interests as well as their own, but both have scruples which still need to be resolved between the two world's largest economic.

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
The Destruction of the Existing Workforce
Finance and Growth: The Direction of Causality
News Blog
The Rise Of Music Streaming Continues
60% Of Primate Species Now Threatened With Extinction, Says Major New Study
Most Attendees At Davos 2017 Come From The U.S.
What We Read Today 22 January 2017
Redneck Inventions
How Repealing Portions Of The Affordable Care Act Would Affect Health Insurance Coverage And Premiums
Grassroots Terrorism In 2017: A Small But Stubborn Threat
Earthquake Risk: Spotlight On Canada
Federal Income Taxes By Income Bracket
Infographic Of The Day: Guide To Caring For Your First Dog
Early Headlines: Migrants Incr. 41 Pct This Century, Women's March Largest Ever?, GOP ACA Disarray, Trump Hit With Ethics Complaint, Trump Back To '29?, May And Nieto To Visit Trump And More
New Seasonal Outlook Updates from NOAA and JAMSTEC Disagree Dramatically
Earnings And Economic Reports: Week Starting 23 January 2017
Investing Blog
Inflation: The Good And The Bad
The Week Ahead: Political Uncertainty And Market Volatility
Opinion Blog
Retailing In America: Bricks And Torture
Economics, Society, And The Environment: What's Wrong With This Picture?
Precious Metals Blog
Four Catalysts Drive Gold And Silver For 2017
Live Markets
20Jan2017 Market Close: U.S. Stocks Were Up But Off Their Highs Of The Session, Crude Prices Continue To Climb, Next Week May Be Volatile
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved