China's economic and trade policies are a "common challenge" for the EU and the US, a top US official said in Brussels.
David Malpass, the US Treasury undersecretary for international affairs, said that China "has moved away from the liberalisation path that had been a strong theme in earlier years".
He noted that China "is putting emphasis on state-owned enterprises, on the involvement of the Communist party into the business sectors" and that "heavy subsidies distort the alloca...
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