U.S. commerce chief expressed concerns to Chinese counterpart, Washington says


Source: marketscreener.com marketscreener.com

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SHANGHAI/WASHINGTON (Reuters) -The Biden administration's top commerce official told her Chinese counterpart Washington is concerned about Beijing's industrial policies, the Commerce Department said on Thursday, the latest high-level exchange as the countries spar over disagreements. The department said U.S. Commerce Secretary Gina Raimondo's phone call with Chinese Commerce Minister Wang Wentao also included discussion of Washington's view on "the need to level the playing field for U.S. companies in China and the importance of protecting U.S. technology from unauthorized users." China's commerce ministry said separately that the two officials agreed to keep lines of communication open. "They agreed to promote...