Tim Stratford, chairman of the American Chamber of Commerce in China, said the main issues in the current US-China trade negotiations can be seen in major approaches that include fulfilling commitments to further open up the Chinese economy, adjustments to better balance the business environment, including that of the internet sector, and dealing with...
Tim Stratford, chairman of American Chamber of Commerce in China, said he believed the “phase one” deal currently under discussion could prevent a further “downward spiral” in the dispute but feared the US did not have enough leverage to push Beijing into restructuring its state-led economic model.
“The reality remains that the Draft Implementing Regulations do not address clear differences between the treatment of China’s state-owned enterprises and the private sector,” the U.S. Chamber of Commerce, the American Chamber of Commerce in China and the U.S. Information Technology Office wrote in joint comments obtained by POLITICO.
Chairman of the American Chamber of Commerce in China and former US assistant trade representative Tim Stratford claimed that "phase one" of the China-US trade war agreement will greatly benefit the farmers. He said that it would prevent the struggling economy of China from experiencing more economic decline.