Conspiracy

China tries to calm US trade spat while readying retaliation

China sought to stabilise the deteriorating trade relationship with the US, as the prospect of an investigation by the Trump administration on intellectual property raised the risk of tit-for-tat measures from Beijing.

US officials are gearing up to investigate China over what the administration perceives to be violations of intellectual property, said a government official who spoke on condition of anonymity on Wednesday because the probe hasn’t been announced.

It’s a charge Beijing rebuffs. Ministry of Commerce spokesman Gao Feng said Thursday that China pays “high attention” to intellectual property and wants to maintain good cooperation with the US.

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