Home China refuses to concede on US demands to ease curbs on tech firms – FT
FXStreet News

China refuses to concede on US demands to ease curbs on tech firms – FT

The Financial Times quoted three people briefed on the discussions on Sunday, as saying that China is not conceding to US demands to ease curbs on technology companies, Reuters reports.

 This comes ahead of the next rounds of talks between the US and China, starting on March 28th.

“The FT report said Beijing had yet to offer “meaningful concessions” to US requests for China to stop discriminating against foreign cloud computing providers, to reduce limits on overseas data transfers and to relax a requirement for companies to store data locally.”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.