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China: US expected to discuss antitrust concerns in upcoming meeting

By  |  October 8, 2014

US President Barack Obama and Chinese President Xi Jinping are set to meet next month after the Asia-Pacific Economic Cooperation summit, say reports, and the leaders are expected to discuss the ongoing concerns over China’s antitrust actions against foreign companies.

According to reports, the presidents will meet to discuss cooperation in combating the Islamic State, currently under attack by US-led airstrikes in Iraq and Syria. China has not agreed to participate in the operation, say reports.

But in addition to IS, the leaders will also discuss other issues, including ongoing claims against Chines antitrust officials of bias against foreign firms in favor of domestic markets. Criticism has mounted against China’s three government bodies with competition powers, and claims have surfaced that the watchdogs are unfairly targeting overseas companies.

China has repeatedly defended its antimonopoly agenda and denied any unfair treatment of foreign firms.

Full content: Ria Novos

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