Teng Biao grew up in a rural village before attending law school at Peking University and focusing on human rights. While his early successes were lauded by the Chinese government, he was later abducted and tortured by police. He fled to the United States with his family and now teaches at Hunter College in NYC.
Joint Statement on U.S.-China Trade Consultations, May 19, 2018
Statement released following discussions in Washington. The two sides had threatened each other with massive tariffs and other actions.
Joint Statement of the United States and China Regarding Trade Consultations
Issued on: May 19, 2018
At the direction of President Donald J. Trump and President Xi Jinping, on May 17 and 18, 2018, the United States and China engaged in constructive consultations regarding trade in Washington, D.C. The United States delegation included Secretary of the Treasury Steven T. Mnuchin, Secretary of Commerce Wilbur L. Ross, and United States Trade Representative Robert E. Lighthizer. The Chinese delegation was led by State Council Vice Premier Liu He, Special Envoy of President Xi.
There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China. To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services. This will help support growth and employment in the United States.
Both sides agreed on meaningful increases in United States agriculture and energy exports. The United States will send a team to China to work out the details.
The delegations also discussed expanding trade in manufactured goods and services. There was consensus on the need to create favorable conditions to increase trade in these areas.
Both sides attach paramount importance to intellectual property protections, and agreed to strengthen cooperation. China will advance relevant amendments to its laws and regulations in this area, including the Patent Law.
Both sides agreed to encourage two-way investment and to strive to create a fair, level playing field for competition.
Both sides agreed to continue to engage at high levels on these issues and to seek to resolve their economic and trade concerns in a proactive manner.
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