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Report: U.S. asks China to reduce trade imbalance immediately

BEIJING - A US trade delegation wants China to cut a bilateral trade imbalance immediately and to stop subsidizing advanced technology, a Wall Street Journal reporter wrote on Twitter on Friday, citing a document issued to the Chinese before talks.
In the document, the United States asked China to reduce its trade surplus with the US by $200 billion by 2020 and to cut tariffs on all products to levels no higher than those of the US, according to the tweet.A US trade delegation is in Beijing this week to discuss a wide range of US complaints about China's trade practices, from accusations of forced technology transfers to state subsidies for technology development.
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