China, US Aim at 'High-level' Treaty
2015-09-22 08:55:01 source:Global Times
September 22, 2015
"As Chinese President Xi Jinping begins his first State visit to the US on Tuesday, hopes are high for another breakthrough in the bilateral investment treaty (BIT) negotiation, which analysts say will help both countries safeguard their overseas investments and boost the US manufacturing industry.
Chinese Minister of Commerce Gao Hucheng wrote in the People's Daily Monday that the two countries are speeding up the BIT negotiations and have already started negotiation on the negative lists."
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