12 May 2017
US Commerce Sec Ross: The dialogue with China is an ongoing process - CNBC
During an interview with CNBC, Commerce Secretary Wilbur Ross said that the new U.S. trade deals with China include a promise to allow Chinese banks greater access in America.
Key quotes (via CNBC):
- The trade deals are the first tangible results of last month's talks between President Trump and Chinese President Xi Jinping
- Agreements with Beijing lay the groundwork for treating Chinese banks the same way as the U.S. treats other foreign banks