Froman Says China's Latest BIT Offer Insufficient; Seeks Progress At Xi Visit

U.S. Trade Representative Michael Froman said Tuesday (Sept. 22) that China's latest offer to open up sectors to U.S. investors in the negotiations for a bilateral investment treaty (BIT) falls far short of what would be needed to conclude a deal, and that the U.S. will press China for further improvements during the Sept. 25 state visit of Chinese President Xi Jinping. “China’s revised negative list is better than its original, and certainly represents serious effort by senior Chinese leaders...