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...It was in the latter capacity that he spoke to Mr Lew....
...He has publicly challenged Donald Trump’s trade policies and rejected criticism of China’s industrial policies by his US counterpart, Jack Lew....
...“When you don’t have market forces driving investment . . . you end up with resources allocated in a way that ultimately chokes future economic growth,” Jack Lew, US Treasury secretary, said last week....
...“The [UK] referendum reinforces the importance of concentrating on shared growth,” Mr Lew said....
...But by January Mr Lew will have moved on as another administration assumes power in Washington. That could set the stage for an even more entertaining match-up: Xi-Trump 2017. tom.mitchell@ft.com...
...“US businesses and domestic politics put pressure on Lew — he has to raise this issue,” Mr Lou said. “I can understand that.”...
...“Concerns about the business climate have grown in recent years, with foreign businesses confronting a more complex regulatory environment and questioning whether they are welcome in China,” Jack Lew, US...
...“Excess capacity has a distorting and damaging effect on global markets,” Mr Lew said....
...Additional reporting by Claire Jones in Paris, Chris Giles in London, Sam Fleming in Washington, Simon Mundy in Seoul, Avantika Chilkoti in Jakarta and Tom Mitchell in Beijing...
...Mr Lew also said Washington remained open to co-operating with the Beijing-led Asian Infrastructure Investment Bank....
...This week Jack Lew, US Treasury secretary, said Washington remained concerned about the AIIB’s standards but also acknowledged that there was “enough infrastructure need for new and existing institutions...
...Reporting by Charles Clover, Tom Mitchell, Gabriel Wildau and Lucy Hornby...
...“I think the ground covered since last year has been substantial, a lot of progress has been made, and we are now keying up for . . . the next round of very serious negotiations,” Mr Lew said....
...The renminbi’s recent depreciation led Mr Lew’s agenda in his meetings with Chinese leaders, according to a senior US Treasury official....
...He made a bigger impact in 1970 with the launch of Asylum Records, which nurtured acts including The Eagles and Joni Mitchell....
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