China ignores US demands to ease curbs on tech companies

(Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to US demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. China then retracted the offer after the United States demanded stronger pledges, the report said, without giving further details. China made an initial offer on digital trade that the United States judged as insufficient, the report said, citing a source. The White House and China’s Commerce Ministry did not respond to requests from Reuters for comment on Sunday. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are scheduled to travel to Beijing for talks starting on March 28, the White House said on Saturday.

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