U.S. Commerce Secretary Gina Raimondo and her Chinese counterpart Wang Wentao have agreed to share information between their countries on U.S. export controls and form a group to discuss other trade issues, without either showing that they are willing to compromise on disputes that have sent relations to their lowest point in decades.
Raimondo held a 4-hour meeting with Wang and they agreed to launch an "information exchange" on export controls, revealing that a "working group" of officials from both countries with representatives of the private sector would be formed to "seek solutions on trade and investment issues."
Source (Al-Asharq Al-Awsat Newspaper, Edited)
