U.S. business group worries Trump unprepared for commercial talks with ChinaBEIJING (Reuters) - A top U.S. business lobby in China said on Tuesday it was concerned U.S. President Donald Trump’s administration was not making sufficient preparation for talks on imbalances in the bilateral economic relationship ahead of his November visit. Little advance work has been done for the visit, said William Zarit, chairman of the American Chamber of Commerce in China. He was referring to meetings by working level officials to negotiate outcomes on commercial issues for Trump’s meeting with his Chinese counterpart Xi Jinping. “From what I understand, there really hasn’t been much of that for this visit, which makes us a bit concerned that there may not be much discussion on the structural issues,” Zarit told reporters in Beijing. U.S. Commerce Secretary Wilbur Ross will bring a business delegation to Beijing during Trump’s visit. Some in the U.S. business community are worried that deals announced on the trip could distract from solutions to long-standing complaints over discriminatory Chinese policies and market access restrictions. Zarit said he hoped proposed deals from the business delegation “do not overshadow the real need for structural changes in the economic relationship”. Trump, who will stop in five Asian countries on his first visit to the region as president, will arrive in Beijing on Nov. 8. U.S. officials were “still waiting” for a Chinese response to issues raised during the U.S.-China Comprehensive Economic Dialogue in July, Zarit said, though he did not give specifics. He called Chinese officials “master negotiators” and said the U.S. government and business community had long suffered from a less strategic view of the economic relationship. “And I think there is no exception with this administration,” Zarit said.  He added that it was “not unreasonable” to expect more progress 10 months into Trump’s presidency. Ross, has said the United States will be looking for “immediate results” and “tangible agreements” during Trump’s visit, but has acknowledged that market access, intellectual property rights, and tariffs are more complex and will take a longer time to negotiate. Washington and Beijing launched a 100-day economic plan during Trump’s first meeting with Xi in April, including some industry-specific announcements, such as the resumption of American beef sales in China. But U.S. business groups have expressed disappointment over the extent of the outcomes. Xi vowed on Monday that China would take more measures to open up the economy. He made the remarks at a meeting with members of an advisory board to Tsinghua University’s School of Economics and Management, including Apple Inc (AAPL.O) chief executive Tim Cook and Facebook Inc’s (FB.O) Mark Zuckerberg.  China will make joint efforts with the United States to “take each other’s interests and concerns into consideration, resolve disputes and contradictions, and engage in win-win cooperation”, Xi said according to the official China Daily newspaper. But such frequently made pledges have done little to assuage foreign companies’ concerns over ownership caps in key sectors, such as autos, securities, insurance, and information technology. U.S. business lobbies argue that their members are restricted in those industries while Chinese companies operate freely in the U.S. market. They have also criticized Beijing’s “Made in China 2025” plan, which offers government backing for sectors the Chinese government deems strategic. Particularly galling to foreign tech firms are a slate of new national security and cyber security regulations that mandate companies store crucial data within China and pass security reviews they argue could put business secrets at risk. “Basically, when we look at that, what it boils down to for us is it’s a company competing against a country,” Zarit said. politicsNews
business group worries trump unprepared commercial talks chinabeijing reuters a top business lobby china said tuesday concerned president donald trump administration making sufficient preparation talks imbalance bilateral economic relationship ahead november visit little advance work done visit said william part chairman american chamber commerce china he referring meetings working level officials negotiate outcomes commercial issues trump meeting chinese counterpart xi winning from i understand really much visit makes us bit concerned may much discussion structural issues part told reporters beijing commerce secretary wilbur ross bring business delegation beijing trump visit some business community worried deals announced trip could distract solutions complaints discriminatory chinese policies market access restrictions part said hoped proposed deals business delegation overshadowed real need structural changes economic relationship trump stop five asian countries first visit region president arrive beijing officials still waiting chinese response issues raised comprehensive economic dialogue july part said though give specifics he called chinese officials master negotiators said government business community long suffered less strategic view economic relationship and i think exception administration part said he added unreasonable expect progress months trump presidency ross said united states looking immediate results tangible agreements trump visit acknowledged market access intellectual property rights tariffs complex take longer time negotiate washington beijing launched economic plan trump first meeting xi april including announcements resumption american beef sales china but business groups expressed disappointment extent outcomes xi vowed monday china would take measures open economy he made remarks meeting members advisory board tsinghua university school economics management including apple inc chief executive tim cook facebook inc mark zuckerberg china make joint efforts united states take interests concerns consideration resolve disputes contradictions engage cooperation xi said according official china daily newspaper but frequently made pledges done little assume foreign companies concerns ownership caps key sectors autos securities insurance information technology business lobbies argue members restricted industries chinese companies operate freely market they also criticized beijing made china plan offers government backing sectors chinese government deems strategic particularly calling foreign tech firms slate new national security cyber security regulations mandate companies store crucial data within china pass security reviews argue could put business secrets risk basically look boils us company competing country part said 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. business group worries Trump unprepared for commercial talks with ChinaBEIJING (Reuters) - A top U.S. business lobby in China said on Tuesday it was concerned U.S. President Donald Trump’s administration was not making sufficient preparation for talks on imbalances in the bilateral economic relationship ahead of his November visit. Little advance work has been done for the visit, said William Zarit, chairman of the American Chamber of Commerce in China. He was referring to meetings by working level officials to negotiate outcomes on commercial issues for Trump’s meeting with his Chinese counterpart Xi Jinping. “From what I understand, there really hasn’t been much of that for this visit, which makes us a bit concerned that there may not be much discussion on the structural issues,” Zarit told reporters in Beijing. U.S. Commerce Secretary Wilbur Ross will bring a business delegation to Beijing during Trump’s visit. Some in the U.S. business community are worried that deals announced on the trip could distract from solutions to long-standing complaints over discriminatory Chinese policies and market access restrictions. Zarit said he hoped proposed deals from the business delegation “do not overshadow the real need for structural changes in the economic relationship”. Trump, who will stop in five Asian countries on his first visit to the region as president, will arrive in Beijing on Nov. 8. U.S. officials were “still waiting” for a Chinese response to issues raised during the U.S.-China Comprehensive Economic Dialogue in July, Zarit said, though he did not give specifics. He called Chinese officials “master negotiators” and said the U.S. government and business community had long suffered from a less strategic view of the economic relationship. “And I think there is no exception with this administration,” Zarit said.  He added that it was “not unreasonable” to expect more progress 10 months into Trump’s presidency. Ross, has said the United States will be looking for “immediate results” and “tangible agreements” during Trump’s visit, but has acknowledged that market access, intellectual property rights, and tariffs are more complex and will take a longer time to negotiate. Washington and Beijing launched a 100-day economic plan during Trump’s first meeting with Xi in April, including some industry-specific announcements, such as the resumption of American beef sales in China. But U.S. business groups have expressed disappointment over the extent of the outcomes. Xi vowed on Monday that China would take more measures to open up the economy. He made the remarks at a meeting with members of an advisory board to Tsinghua University’s School of Economics and Management, including Apple Inc (AAPL.O) chief executive Tim Cook and Facebook Inc’s (FB.O) Mark Zuckerberg.  China will make joint efforts with the United States to “take each other’s interests and concerns into consideration, resolve disputes and contradictions, and engage in win-win cooperation”, Xi said according to the official China Daily newspaper. But such frequently made pledges have done little to assuage foreign companies’ concerns over ownership caps in key sectors, such as autos, securities, insurance, and information technology. U.S. business lobbies argue that their members are restricted in those industries while Chinese companies operate freely in the U.S. market. They have also criticized Beijing’s “Made in China 2025” plan, which offers government backing for sectors the Chinese government deems strategic. Particularly galling to foreign tech firms are a slate of new national security and cyber security regulations that mandate companies store crucial data within China and pass security reviews they argue could put business secrets at risk. “Basically, when we look at that, what it boils down to for us is it’s a company competing against a country,” Zarit said. 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: business group worries trump unprepared commercial talks chinabeijing reuters a top business lobby china said tuesday concerned president donald trump administration making sufficient preparation talks imbalance bilateral economic relationship ahead november visit little advance work done visit said william part chairman american chamber commerce china he referring meetings working level officials negotiate outcomes commercial issues trump meeting chinese counterpart xi winning from i understand really much visit makes us bit concerned may much discussion structural issues part told reporters beijing commerce secretary wilbur ross bring business delegation beijing trump visit some business community worried deals announced trip could distract solutions complaints discriminatory chinese policies market access restrictions part said hoped proposed deals business delegation overshadowed real need structural changes economic relationship trump stop five asian countries first visit region president arrive beijing officials still waiting chinese response issues raised comprehensive economic dialogue july part said though give specifics he called chinese officials master negotiators said government business community long suffered less strategic view economic relationship and i think exception administration part said he added unreasonable expect progress months trump presidency ross said united states looking immediate results tangible agreements trump visit acknowledged market access intellectual property rights tariffs complex take longer time negotiate washington beijing launched economic plan trump first meeting xi april including announcements resumption american beef sales china but business groups expressed disappointment extent outcomes xi vowed monday china would take measures open economy he made remarks meeting members advisory board tsinghua university school economics management including apple inc chief executive tim cook facebook inc mark zuckerberg china make joint efforts united states take interests concerns consideration resolve disputes contradictions engage cooperation xi said according official china daily newspaper but frequently made pledges done little assume foreign companies concerns ownership caps key sectors autos securities insurance information technology business lobbies argue members restricted industries chinese companies operate freely market they also criticized beijing made china plan offers government backing sectors chinese government deems strategic particularly calling foreign tech firms slate new national security cyber security regulations mandate companies store crucial data within china pass security reviews argue could put business secrets risk basically look boils us company competing country part said politicsnews