Many experts also decry China's decision to fight fire with fire, by imposing tariffs on US goods imported into China, also without the WTO's approval
Cisco shares declined 6.2 per cent to $47.50 at 9:36 am in New York, rebounding from an earlier 8 per cent drop, the biggest intraday fall since May 2017
They also urged the secretaries to push back "against the Hong Kong and Chinese governments' efforts to characterise the demonstrations as 'riots'
The rivalry between the two superpowers is framed by a trade war that has cramped global growth, and seeded uncertainty across Asia's economies
Chinese government officials will aim to reassure the US financial firms that Beijing is genuinely receptive to their ideas, a source said