Tags: AS | China | Trade

China's President Offers US Possible Trade Concessions

Tuesday, 10 April 2018 06:38 AM EDT

BEIJING (AP) — President Xi Jinping has set the stage for a possible effort to resolve a worsening conflict with Washington over technology and trade by promising to cut auto import taxes, improve intellectual property protection and boost imports.

Xi's pledges at a business conference Tuesday came as Chinese diplomats filed a World Trade Organization challenge over U.S. President Donald Trump's tariff hike on steel and aluminum — one aspect of a sprawling U.S.-Chinese trade spat.

Xi promised progress on U.S. priorities including opening China's banking industry and boosting imports but didn't address key irritants such as a requirement for foreign companies to work through joint ventures with local partners.

He sought to position China as a defender of free trade and cooperation, despite its status as the most-closed major economy.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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President Xi Jinping has set the stage for a possible effort to resolve a worsening conflict with Washington over technology and trade by promising to cut auto import taxes, improve intellectual property protection and boost imports.Xi's pledges at a business conference...
AS,China,Trade
129
2018-38-10
Tuesday, 10 April 2018 06:38 AM
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