US' Mnuchin says had 'productive working dinner' in China

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US' Mnuchin says had 'productive working dinner' in China
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BEIJING: US Treasury Secretary Steven Mnuchin said on Friday (Mar 29) he had a 'productive working dinner' the previous night in Beijing, as he ...

BEIJING: US Treasury Secretary Steven Mnuchin said on Friday he had a"productive working dinner" the previous night in Beijing, as he headed to a state guest house to begin a day of trade talks.

US President Donald Trump imposed tariffs on US$250 billion of Chinese imports last year in a move to force China to change the way it does business with the rest of the world and to pry open more of China's economy to US companies. US companies say they are often pressured into handing over the technological know-how behind their products to Chinese joint venture partners, local officials or regulators as a condition for doing business in China.The US government says that technology is often subsequently transferred to and used by Chinese competitors.

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