In what was billed as a major policy speech,
Chinese Vice President Xi Jinping told U.S.
business leaders [Wednesday] that Washington and Beijing must
respect each others' “core interests and concerns.”
A day after hearing from President Obama and other
top administration officials that China must do more to level the playing field
for U.S. businesses competing against Chinese firms, Xi made the case that
China has already made significant strides in balancing trade policy. Earlier
Wednesday, House Speaker John Boehner and Majority Leader Eric Cantor met with
Xi and complained of “deficiencies” in China's
enforcement of intellectual property laws. Read more here.
