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U.S. Secretary of state announced the intention to establish trade relations with China

06 June 2019

U.S. Secretary of state announced the intention to establish trade relations with China

Michael Pompeo, who served as Secretary of state of the United States of America, made a statement which outlined that the United States seek to balance relations with China after an unfair and mostly shadow policy, which was carried out by the countries for decades. The purpose of the proposed changes are equitable conditions that will be the main essential tool in the business carried out by companies from both sides.

Initially, this initiative was received from the American President Donald trump, who wishes to make serious changes on the background of a trade war with China. Foreign Minister Stephen Block held talks with representatives from the Netherlands, to determine the most optimal strategy for the further redistribution of resources and priorities.

At the moment, the Congress is concerned about the situation, which is extremely unbalanced for so large-scale economic relations. In particular, it is assumed that the threshold of entering the Western companies on Eastern markets should be as comfortable and balanced as it occurs in the reverse order, with Chinese enterprises to massively distribute their products in other States.