China opposes trade agreement reached between US and Taiwan

China opposes trade agreement reached between US and Taiwan

Business

The US and Taiwan reached agreement on the first part of their "21st Century" trade initiative

BEIJING (Reuters) - China firmly opposed the agreement reached between the US and Taiwan, urging the US to "carefully handle economic and trade relations with Taiwan", China's ministry of commerce said.

The US Trade Representative's office announced last week that the US and Taiwan reached agreement on the first part of their "21st Century" trade initiative covering customs and trade facilitation, regulatory practices, and small business.