Chinese officials have called on the United States to reduce barriers to Chinese investment and turn to talks and negotiations to tackle trade disputes between the two sides.
“Protectionism has been surging recently in the U.S., resulting in a tightening investment environment,” Zhang Qingwei, governor of Hebei Province, said at the Second China-U.S. Governors Forum held Tuesday in Tianjin.
The U.S. has launched a series of punitive measures against Chinese investors, including photovoltaic enterprises and tire manufacturers, Zhang said, adding that two Hebei-based pharmaceutical firms were convicted of manipulating prices by a local U.S. court in March and fined 1 billion yuan (161.7 million U.S. dollars).
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