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Geithner hails ‘progress’ in China talks

The US and China have claimed success after two days of negotiations ended in a series of deals on US access to the Chinese market and Chinese access to sensitive US technology.

China pledged on Tuesday to change regulations so that government contracts are not linked to improvements in its domestic technology base. China also promised improvements in the enforcement of intellectual property such as software.

The US promised “full consideration” of China’s request for “fair treatment” over exports of sensitive US technology and said it welcomes Chinese investment.

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