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Added on the 09/05/2016 15:35:42 - Copyright : Reuters EN
China's leader has told German Chancellor Angela Merkel he does not want trade tensions with the European Union, a vital market for a huge economy facing falling exports, to descend into a trade war. Sonia Legg reports.
US Secretary of State Antony Blinken calls for China to step up prosecutions over fentanyl as he praises recent measures to curb precursor chemicals to the painkiller behind a deadly US addiction epidemic. SOUNDBITE
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said on Monday as she wrapped up high-level talks in China. This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE
Foreign leaders, including Russian President Vladimir Putin, pose during a family photo ahead of the opening ceremony of the Belt and Road forum in Beijing. IMAGES
The EU trade commissioner Valdis Dombrovskis warned Tuesday that Chinese regulations governing the transfer of data out of the country, including a revised anti-espionage law, could have "unintended consequences". "This may be an issue of systemic concern and it may affect all internationally active companies, not only European companies but also Chinese companies," he said. SOUNDBITE
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