 "China-US ties")
The Trump administration ended a decade-old formal economic dialogue with China because it believes the country is moving backward on opening its markets to foreign competition, a top Treasury Department official said Sunday.
The administration is “disappointed” with China and “because there wasn’t a path back toward a market orientation, I discontinued the China economic dialogue,” said David Malpass, Treasury’s undersecretary for international affairs. Rather than holding formal discussions, Secretary Steven Mnuchin has frequent private talks with senior-level officials in China to bring back focus to free-market capitalism, he said.
“One of the things we are doing is trying to keep open
