U.S. and China agree to new dialogue on trade, chip export curbs

Top commerce officials to hold regular meetings to prevent escalating tensions

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U.S. Commerce Secretary Gina Raimondo, right, speaks next to U.S. Ambassador to China Nick Burns during a meeting with Chinese Commerce Minister Wang Wentao in Beijing on Aug. 28. (AP photo/Andy Wong, pool)

RINTARO TOBITA and IORI KAWATE, Nikkei staff writers

WASHINGTON/BEIJING -- U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao agreed in Beijing on Monday to create a working group covering trade and investment issues, as well as to exchange information regarding semiconductor-related export controls.

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