(Donna Borak – CNN)
The Trump administration on Tuesday continued to ratchet up pressure on China, releasing an updated report showing Beijing has done little to fix its unfair practices less than two weeks before the leaders of the two economic superpowers plan to meet.
The 50-page report by the Office of the Trade Representative concluded that China has "not altered" its policies and practices tied to technology transfers, intellectual property and innovation as part of the US government’s ongoing investigation launched last August. The Trump administration has been urging Beijing to address those top concerns as part of its on-and-off-again trade negotiations.
Instead, the country’s top trade official warned that China "appears to have taken further unreasonable actions in recent months," including continuing to apply strict restrictions on foreign investment as a way to pressure US companies to transfer technology to Chinese firms. Click here to read more.
- USTR Section 301 Update Report Concerning China’s Trade Practices
- US: China Has Failed to Alter ‘Unfair, Unreasonable’ Trade Practices (Reuters)
- All Eyes on Buenos Aires as Beijing and Washington Hammer Out the Details for the High-Stakes Summit Between Xi and Trump (SCMP)
- White House Trade Adviser Peter Navarro ‘Excluded from Xi Jinping-Donald Trump Dinner’ (SCMP)