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Story summary
- U.S. Ambassador to China David Perdue urged fair trade in Beijing.
- He warned that China’s growing global manufacturing dominance risks jobs elsewhere.
- Perdue said China benefits from free trade while U.S. firms face barriers.
- He seeks reciprocal trade, not a trade war.
- A Chinese trade body says the European Union has become the leading source of trade disputes with China over semiconductor materials and rare earth magnets.
