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China expresses concern over U.S. tariff in 3rd economic working group meeting


 , Updated 21:58, 06-Feb-2024

The China-U.S. economic working group held its third meeting in Beijing from February 5 to 6, China's Ministry of Finance said in a statement on Tuesday. 

The meeting was co-chaired by Chinese Vice Minister of Finance Liao Min and U.S. Deputy Secretary of the Treasury Jay Shambaugh. 

China and the U.S. conducted in-depth, candid, pragmatic and constructive exchanges on topics such as the macroeconomic situation and economic policies of the two countries, the G20 fiscal and financial cooperation, the debt of developing countries and industrial policies, according to the statement.

The Chinese side expressed concerns over the U.S. tariff hikes on China, two-way investment restrictions and sanctions to suppress Chinese enterprises. 

The two sides agreed to continue to maintain communication. 

(Cover: The third China-U.S. economic working group meeting held in Beijing, China. /Chinese Ministry of Finance)

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