Updated
Updated · Bloomberg · Apr 30Greer discusses possible US-China Board of Trade with He Lifeng
10 articles · Updated · Bloomberg · Apr 30
- In Thursday's call, Greer and Treasury Secretary Scott Bessent said the body could help optimise bilateral trade in non-sensitive goods.
- Greer also said the officials discussed improving agricultural market access in China for US producers.
- The proposal was presented as a government-to-government mechanism to manage economic ties between the world's two biggest economies.
With tech competition escalating, can a new board for 'non-sensitive' goods truly stabilize US-China economic ties? Can a new trade board effectively counter China's massive state-subsidized industrial overcapacity in key global sectors?