China’s top banking regulator said today that it can “absolutely” reach an agreement top open up the financial sector to the US. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said “On the opening of the financial sector, China and the United States absolutely can reach agreement. Though at present there may be a few small disagreements, the problems are not that great”
Separately, Commerce Minister Zhong Shan said trade talks have achieved a breakthrough in some areas. While the negotiations were difficult, Zhong said both teams are continuing with their work.
