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US business delegation visiting China, SCMP reports

The South China Morning Post reported Sunday that a high-level delegation of the U.S. China Business Council would visit China this coming week. They are expected to meet with senior Chinese officials.

Reports indicate that the delegation will include Boeing executives, USCBC President Sean Stein and FedEx Chief Executive Rajesh Subramaniam.

Could not verify immediately the report.

A source told SCMP that "they are expected to meet Chinese officials, possibly to revive business talks".

The SCMP reported that both sides were working on securing a visit by the U.S. President to China this year.

The council didn't respond to the request for a comment immediately.

The visit coincides the latest round U.S. - China trade negotiations, which are taking place in Sweden from July 27-30. Vice Premier He Lifeng of China will be meeting with U.S. officials for a fresh round of economic and trading talks.

China has until August 12 to come up with a lasting deal with the White House, or face higher U.S. Tariffs.

(source: Reuters)