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China is prepared to raise the investment ceiling in the
Bilateral Investment treaty and is also willing to end the ban
on U.S. beef imports, the newspaper also reported.
"China was prepared to (raise the investment ceilings) in the
BIT but those negotiations were put on hold (after Trump's
election victory)," the Financial Times also reported citing a
Chinese official involved in the talks.
U.S. Commerce Secretary Wilbur Ross said on Friday that
President Donald Trump and Chinese President Xi Jinping have
agreed to a new 100-day plan for trade talks on Friday.
The U.S. trade department was not immediately available for
comment while the China's ministry of commerce could not be
reached for comment.
(Reporting by Parikshit Mishra in Bengaluru; Editing by Sandra
Maler)
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