China's business community has a strong interest in investmenting in the United States in general, and in Kentucky in particular, said Chinese Ambassador to the U.S. Cui Tiankai, during a joint press conference with U.S. Republican Governor Matt Bevin at the Kentucky Governor’s Mansion on Monday, AP reported.
"The job of the government is to try to reduce possible barriers so people can facilitate such economic trade and investment and cultural ties between our two people,” Cui said.
The two focused on economic development opportunities in Kentucky rather than the tariff situation.
The press conference came after the U.S. announced it will begin imposing an additional tariff of 25 percent on 16 billion U.S. dollars' worth of Chinese goods on August 23.
