China tells US it presents ‘opportunity’ not ‘threat’: ministry

Chinese Vice Commerce Minister Wang Shouwen met with US Under Secretary Marisa Lago in Tianjin, emphasizing that a modern China is an economic opportunity, not a threat, to the US. Wang expressed concerns over US trade restrictions and sanctions on Chinese companies. The meeting addressed various trade issues amid ongoing tensions between the two nations. Despite friction, preparations are underway for a potential phone call between Presidents Xi and Biden. The US recently announced tighter controls on advanced technology exports, further complicating trade relations.READ FULL