Sheets Highlights Chinese Cyber Regs As S&ED, Presidential-Level Priority

The Treasury Department's top official for international affairs on Wednesday (April 29) highlighted four areas that he said would be addressed at the U.S.-China Strategic & Economic Dialogue (S&ED) this summer in order to prepare for more concrete outcomes during a state visit by Chinese President Xi Jinping in September. The top trade-related issue singled out by Nathan Sheets, Treasury undersecretary for international affairs, was the cybersecurity regulations the Chinese government sought to implement for its banking sector. Separately, Sheets...