According to the commercial ministry of China, the US and China “made new progress” on the matters of a trade deal, as well as conceptual assets during a phone conversation in official level between two countries. Both allies are interconnected in a spoiling war in the trade world but the relations have melted a little since US President Donald Trump and the Chinese President Xi Jinping agreed to a 90-day armistice earlier this month.

In a brief statement the Commerce Ministry said, “On December 21, China and the US conducted a phone conversation at a vice-ministerial level, exchanging views on issues such as trade balance and strengthening intellectual property protection, and made new progress ”.

This is the second time such phone call declared by the commerce ministry in this week in which Washington and Beijing discussed their “economic and trade issues ”.

Chinese Parliament also declared that it is inspecting a new law leading foreign investment that would restrain the forceful transfer of technology and give foreign firms similar advantages to Chinese companies. EU and US officials have the long list of dissatisfaction about the fair approach for foreign companies in China, as well as uncontrolled theft of conceptual property.

Related Articles
Next Story
Going Viral
United States Tests First Ground-Launched Cruise Missile After INF Treaty Exit

United States Tests First Ground-Launched Cruise Missile After INF Treaty Exit

by Chandrani Sarkar August 20, 2019
On Monday, the Pentagon has informed that it has tested a conventionally configured ground-launched cruise missile with a range of around 310 miles (500 km), the first such test since the United States of America was pulled out of the INF (Intermediate-Range Nuclear Forces) Treaty.  The US has formally withdrew from the 1987 Act with Russia on August 2 after alleged that Moscow was violating the rules, accused the Kremlin...