[CTC] China BIT on the Agenda, Mnuchin Says

[Arthur Stamoulis]

https://blogs.wsj.com/cfo/2017/06/07/the-morning-ledger-china-bilateral-investment-treaty-on-the-agenda-mnuchin-says/ <https://blogs.wsj.com/cfo/2017/06/07/the-morning-ledger-china-bilateral-investment-treaty-on-the-agenda-mnuchin-says/>
 
The Morning Ledger: China Bilateral Investment Treaty on the Agenda, Mnuchin Says
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RHEAA RAO
Jun 7, 2017 7:05 am ET
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The Trump administration plans on reviving talks toward a bilateral investment treaty that would give U.S. firms broader access to the Chinese market, but only after Washington makes progress on other trade issues, U.S. Treasury Secretary Steven Mnuchin said Tuesday.
The Obama administration said it had been close to completing a yearslong negotiation with Beijing on a Bilateral Investment Treaty, but the Trump administration’s focus on ramping up exports to China, rather than U.S. investment in the world’s second largest economy, had quashed hopes among U.S. business advocates of the so-called BIT for a deal any time soon, Ian Talley writes. <https://www.wsj.com/articles/u-s-treasury-secretary-mnuchin-china-bilateral-investment-treaty-on-our-agenda-1496774628> Mr. Mnuchin, speaking at the U.S.-China Business Council annual meeting, said a BIT deal with China is on the Trump administration’s agenda, even though it isn’t a top priority.
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