Dear President Obama,
The ENGAGE CHINA coalition thanks you for your continuing efforts to strengthen one of the most important bilateral relationships in the world today – the U.S.-China economic relationship. In anticipation of your meeting today with President Xi Jinping, we write to call your attention to the critical importance of greater foreign participation in China’s financial services marketplace. In particular, we respectfully urge you to raise concerns about the unlevel playing field that US financial services firms face in China, and the need for continued modernization of China’s capital markets.
