Last week, Chinese MOFCOM officials led by vice minister Wang Shouwen visited the United States for the first vice-ministerial meeting of the bilateral Commercial Issues Working Group, a communication mechanism created last year.

Over the past few days, U.S. Treasury Secretary Janet Yellen has been in China, and during her trip she has raised a number of trade issues with her Chinese counterparts, with a focus on overcapacity and its impact on foreign markets.

At today's press conference on China's foreign policy, Chinese Minister of Foreign Affairs Wang Yi criticized the United States "unilateral sanctions list," as well as a conflicting message sent by the European Union on its relationship with China.

On Friday, the U.S. Trade Representative's Office released its trade policy agenda for next year / annual report of trade policy last year, touching on various issues related to U.S.-China trade.

The Chinese Premier expressed a welcome to a U.S. business delegation, but trade tensions between the two governments remain, as both sides have a long list of complaints.

The Financial Times reported today that "Washington has warned Beijing that the US and its allies will take action if China tries to ease its industrial overcapacity problem by dumping goods on international markets, according to American officials."

At the 2024 International Trade Conference put on by the Washington International Trade Association (WITA), several U.S. trade policy experts took stock of U.S.-China trade relations.