US, China ‘sorely need’ to resume trade talks and CPTPP could play role, American lobbyist says

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More comprehensive, regular and transparent communication is “sorely needed” between China and the United States, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could help drive bilateral talks over trade grievances, according to the head of a major American business lobbying group.Craig Allen, president of the US-China Business Council (USCBC), urged Beijing and Washington to reestablish a formal mechanism to discuss macroeconomic and trade issues with…

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