US companies feel less welcome in China and some are shifting operations to other countries. That is the conclusion of a report by the American Chamber of Commerce in China.
Beijing has dropped an anti-dumping investigation into US sorghum, in what experts view as a conciliatory gesture aimed at averting a trade war between the two countries during ongoing talks in Washington.
President Donald Trump's decision to pull the United States out of the nuclear deal with Iran is giving China even more of an opportunity to fill the vacuum of power, says Frank Sieren.
While the Europeans came to Washington to deal with a trade dispute, the Americans went to Beijing and showed lots of caution. That says a lot about the new balance of power, says DW's Frank Sieren.
Washington and Beijing have agreed on measures to "substantially" reduce the US trade deficit with China after two days of talks. The deal calls for China to start buying more US products.
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