U.S., China Hold Economic Talks in Beijing

U.S., China Hold Economic Talks in Beijing

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Business, Social Studies

University

Hard

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The conference featured discussions led by Jack Lew and John Kerry, focusing on US-China relations. Key topics included the establishment of a yuan trading hub in the US, industrial overproduction, and ongoing talks about commodities like steel and aluminum. Trade and investment were also discussed, with a focus on a bilateral agreement and a 'negative list' of sectors restricted from foreign investment. A roundtable with business leaders highlighted regulatory challenges and market access issues in China.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the main purpose of the conference mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concrete steps did the Treasury Department mention regarding trade with China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did Secretary Lew express regarding aluminum production negotiations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 'negative list' mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the American CEOs perceive the market access situation in China?

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