Official Says U.S., China To Hold Two BIT Rounds Before September

A senior Chinese trade official on Tuesday (June 23) said the U.S. and China will hold two more rounds of bilateral investment treaty (BIT) talks before Chinese President Xi Jinping visits the United States, and indicated that the talks on sectoral exclusions from market-opening obligations are proving to be a “challenge” for Beijing. Zhang Xiangchen, deputy international trade representative for China's Ministry of Commerce, told reporters on the sidelines of the Strategic & Economic Dialogue (S&ED) in Washington that U.S...