US-China trade meeting may be scrapped

US business leaders were told by US Commerce Undersecretary Grant Aldonas that a high-level trade meeting between US and Chinese officials scheduled for late April may be canceled if Beijing does not change its position on several trade issues between the two countries. Aldonas said that "it may not be worth having a meeting" unless the Chinese government moves to satisfy US demands regarding intellectual property violations and a semiconductor tax rebate.