China and the United States continued trade talks in Washington last week. Photo: AFP
Will the US-China trade war improve access for American firms seeking to tap 1.4 billion people?
- Washington feels Beijing has been discriminating against US businesses, limiting investment and trade flows while also imposing restrictive non-tariff barriers
- Bank card service providers Mastercard and Visa have been seeking to start yuan payment services since a WTO ruling in 2012, but are still waiting for approval
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US-China trade war
China and the United States continued trade talks in Washington last week. Photo: AFP