U.S. and Chinese Executives to Meet on Nations’ Economic Relations
American business leaders and policy makers have long been frustrated by China’s stance on a host of issues, including widespread Chinese theft of intellectual property, the United States’ huge trade deficit with China,
and the heavy government subsidies enjoyed by many Chinese companies.
Mr. Schwarzman, who convened the president’s strategic
and policy forum late last year to provide Mr. Trump with economic advice from American business leaders, has become an important outside adviser to the administration.
On Tuesday, Wilbur L. Ross, the secretary of commerce, will host a daylong meeting
in Washington with more than 20 business leaders from the United States and China.
By KATE KELLYJULY 17, 2017
Leaders of major United States companies with deep ties to China will meet on Tuesday with their Chinese
counterparts to try to ease the increasingly rocky economic relationship between the countries.
Topics are expected to include the customs hurdles facing Chinese companies
that sell goods to the United States and the exportation of American natural gas products to China.
At the same time, the Trump administration has sought to compromise with the Chinese
government in hopes of spurring trade and helping American companies.
