China renews call for US to lift sanctions; 'open' to Raimondo visit | Inquirer Business

China renews call for US to lift sanctions; ‘open’ to Raimondo visit

/ 05:13 PM July 13, 2023

BEIJING  – China on Thursday renewed its call for the United States to lift “unilateral” sanctions against Chinese enterprises on Thursday, ahead of a possible visit by the U.S. Commerce Secretary Gina Raimondo.

The U.S. has imposed sanctions on Chinese companies involved in using what the U.S. calls forced labor in the far-western region of Xinjiang. China has repeatedly denied the accusations.

“The U.S. has seriously damaged Chinese companies’ interests,” China’s commerce ministry spokesperson Shu Jueting told a press conference.

Article continues after this advertisement

“China is firmly opposed to it, and urges the U.S. side to immediately stop its unreasonable suppression of Chinese firms and lift its unilateral sanctions against them,” Shu said.

FEATURED STORIES

When asked about a possible visit by Raimondo, Shu said: “China is open to such a visit and is in communication with the U.S. over the matter.”

“China will remain committed to addressing economic and trade concerns through communication and dialogue, while promoting constructive and practical cooperation,” Shu said.

Article continues after this advertisement

Raimondo said in March that the Biden administration was considering a pilot program to address risks involved in investment in China.

Article continues after this advertisement

On Monday, China’s finance ministry said it was required the U.S. to “lift bans on Xinjiang-related products” and take “practical actions” in response to its major concerns about sanctions.

Article continues after this advertisement

The ministry statement followed a recent visit to Beijing by U.S. Treasury Secretary Janet Yellen, which yielded no breakthrough but was described as “productive” by both sides.

The two countries agreed to keep channels open for economic talks.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: China, forced labor, sanctions, U.S.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.