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Wednesday, 25 June 2014

U.S. envoy Max Baucus to China: More business ties, less cyber-theft

In his first public address on the U.S.-China relationship since taking up the post of U.S. ambassador, Max Baucus said Wednesday that “the U.S. welcomes China’s rise” and that his priorities include pushing for a bilateral investment treaty and increasing cooperation on environmental issues.


But the former Montana senator briefly rapped Beijing on the knuckles over concerns including human rights, cyber-theft of U.S. companies’ trade secrets, and the blocking of American tech firms from the Chinese market.


“Trade and investment have come to be the foundation, the ballast, of the U.S.-China relationship, providing great stability,” said Baucus, speaking to a luncheon hosted by the American Chamber of Commerce and other business groups in Beijing. Developing trust on issues like business and the environment, he said, would serve as a basis for addressing other matters where the two nations disagree.


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bljworldwide via CHINA US Focus http://ift.tt/1pBsviT

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