Economic worries hang over US-China talks

China has also announced some changes in the recent weeks including a new draft of its foreign investment law that promises additional liberalization and regulatory changes that appear to provide stronger enforcement for patents, said Erin Ennis, senior vice president at the US-China Business Council. In another area, a new e-commerce law went into force on Jan. 1 which increases the amount that Chinese consumers can buy from overseas websites, she said. Depending on how they are implemented, such measures could address some of the issues the Office of the US Trade Representative raised as part of the investigation that led to Trump imposing tariffs, she said. “If there’s not a clear path for lifting those duties, they will continue to weigh on the economy and companies just like they did in 2018,” Ennis said.