China Tries to Calm U.S. Trade Spat While Readying Riposte
- Commerce Ministry spokesman says China wants good cooperation
- Soybean imports could be used as lever if U.S. escalates
Trump May Toughen China Trade Threats
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China sought to stabilize the deteriorating trade relationship with the U.S., as the prospect of an investigation by the Trump administration on intellectual property raised the risk of tit-for-tat measures from Beijing.
U.S. officials are gearing up to investigate China over what the administration perceives to be violations of intellectual property -- a charge Beijing rebuffed Thursday. Ministry of Commerce spokesman Gao Feng said that China pays "high attention" to intellectual property and wants to maintain good cooperation with the U.S.