Roughly two-thirds of Americans now have a negative opinion of China, the highest percentage recorded since Pew Research Center began asking the question in 2005. Only about a quarter in the U.S. report a favorable attitude.
Some of America’s most formidable technology companies have headed to China. Once they got there, their superpowers seemed to vanish. Uber, Amazon, and Apple are just a few examples of firms that have been humbled by the Chinese market.
Chinese internet giant Tencent Holdings, which runs one of China’s most widely used mobile payment tools, has taken its cashless payment experience to the home market of Apple Pay by serving Chinese outbound travellers in the United States.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin wrapped up a quick visit to Beijing on Wednesday where they met with Chinese Vice Premier Liu He for a working dinner and a formal discussion the following day. Mnuchin tweeted that the meetings were “productive.”