U.S. Commerce Secretary says market access, protectionism top China issuesHONG KONG (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday the U.S. relationship with China was too lopsided and listed market access, protectionism and intellectual property as the biggest problems amid trade tensions between the two countries.  Ross said both sides were frank and open, and articulated good points of view during his trip to Beijing, which was a good sign, although neither made concessions.  “The most important thing to push for with China is better market access for companies operating there physically and for companies exporting there,” Ross said. “Ranking equal with that would be less protectionist behavior.”  The U.S. Commerce Department said in a statement on Tuesday that Ross had pressed China on the “need to rebalance bilateral trade and investment relations” and urged it to take “meaningful action” on trade issues. China’s relationship with the United States has been strained by the Trump administration’s criticism of China’s trade practices and by demands that Beijing do more to pressure North Korea to halt its nuclear weapons and missile programs. Ross, speaking to reporters in Hong Kong two days after his visit to Beijing, also said overcapacity was still a big issue in some sectors and highlighted new industries such as robotics as potential threats. “There apparently are something like 400 robotics companies in China right now and people in the industry tell me maybe 360 of those are in it to get the subsidies and tax breaks and are not really serious about the product,” he said. On Monday, Ross told Chinese Premier Li Keqiang that the United States hoped for “very good deliverables” when U.S. President Donald Trump visits China, likely in November. He did not specify what “deliverables” the United States was hoping for.  Ross is due to lead a trade mission to China as part of President Trump’s visit there. politicsNews
commerce secretary says market access protections top china issueshong kong reuters commerce secretary wilbur ross said wednesday relationship china lopsided listed market access protections intellectual property biggest problems amid trade tensions two countries ross said sides frank open articulated good points view trip beijing good sign although neither made concessions the important thing push china better market access companies operating physically companies exporting ross said ranking equal would less protections the commerce department said statement tuesday ross pressed china need balance bilateral trade investment relations urged take meaningful action trade issues china relationship united states strained trump administration criticism china trade practices demands beijing pressure north korea halt nuclear weapons missile programs ross speaking reporters hong kong two days visit beijing also said overcapacity still big issue sectors highlighted new industries robotics potential threats there apparently something like robotics companies china right people industry tell maybe get subsidies tax breaks really serious product said on monday ross told chinese premier li keqiang united states hoped good deliverables president donald trump visits china likely november he specify deliverables united states hoping ross due lead trade mission china part president trump visit politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: U.S. Commerce Secretary says market access, protectionism top China issuesHONG KONG (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday the U.S. relationship with China was too lopsided and listed market access, protectionism and intellectual property as the biggest problems amid trade tensions between the two countries.  Ross said both sides were frank and open, and articulated good points of view during his trip to Beijing, which was a good sign, although neither made concessions.  “The most important thing to push for with China is better market access for companies operating there physically and for companies exporting there,” Ross said. “Ranking equal with that would be less protectionist behavior.”  The U.S. Commerce Department said in a statement on Tuesday that Ross had pressed China on the “need to rebalance bilateral trade and investment relations” and urged it to take “meaningful action” on trade issues. China’s relationship with the United States has been strained by the Trump administration’s criticism of China’s trade practices and by demands that Beijing do more to pressure North Korea to halt its nuclear weapons and missile programs. Ross, speaking to reporters in Hong Kong two days after his visit to Beijing, also said overcapacity was still a big issue in some sectors and highlighted new industries such as robotics as potential threats. “There apparently are something like 400 robotics companies in China right now and people in the industry tell me maybe 360 of those are in it to get the subsidies and tax breaks and are not really serious about the product,” he said. On Monday, Ross told Chinese Premier Li Keqiang that the United States hoped for “very good deliverables” when U.S. President Donald Trump visits China, likely in November. He did not specify what “deliverables” the United States was hoping for.  Ross is due to lead a trade mission to China as part of President Trump’s visit there. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: commerce secretary says market access protections top china issueshong kong reuters commerce secretary wilbur ross said wednesday relationship china lopsided listed market access protections intellectual property biggest problems amid trade tensions two countries ross said sides frank open articulated good points view trip beijing good sign although neither made concessions the important thing push china better market access companies operating physically companies exporting ross said ranking equal would less protections the commerce department said statement tuesday ross pressed china need balance bilateral trade investment relations urged take meaningful action trade issues china relationship united states strained trump administration criticism china trade practices demands beijing pressure north korea halt nuclear weapons missile programs ross speaking reporters hong kong two days visit beijing also said overcapacity still big issue sectors highlighted new industries robotics potential threats there apparently something like robotics companies china right people industry tell maybe get subsidies tax breaks really serious product said on monday ross told chinese premier li keqiang united states hoped good deliverables president donald trump visits china likely november he specify deliverables united states hoping ross due lead trade mission china part president trump visit politicsnews