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Chinese Leader Meets with US Trade Delegation in Beijing

Chinese President Xi Jinping met Friday with members of the U.S. trade delegation in Beijing where China and the U.S. are attempting to hammer out a trade deal. U.S. Treasury Secretary Steven Mnuchin posted on Twitter Friday that he and U.S. Trade Representative Robert Lighthizer had "productive meetings with China's Vice Premier Liu He." Another round of negotiations between the two countries will continue next week in Wahington, Chinese state media reported. Earlier, a top White House economic adviser expressed confidence in the U.S. – China trade negotiations in Beijing. "The vibe in Beijing is good," National Economic Council Director Larry Kudlow told reporters at the White House Thursday. Kudlow provided few details but said the U.S. delegation led by Lighthizer was “covering all ground.” “That's a very good sign and they're just soldiering on, so I like that story,” Kudlow said, “And I will stay with the phrase, the vibe is good.” Negotiators are working to strike a deal by March 1, to avoid a rise in U.S. tariffs on $200 million worth of Chinese goods from 10 percent to 25 percent. President Donald Trump suggested earlier this week that if talks are seeing signs of progress, that deadline could be pushed back. When asked Thursday if there would be an extension, Kudlow said, “No such decision has been made so far." Analysts such as William Reinsch, a former president of the National Foreign trade Council and senior advisor at the Center for Strategic and International Studies, say the talks are complicated by the three main areas under negotiation. “Market access, which I think is well on the way to completion. Some Chinese offers on intellectual property, which I think they are not going to offer what we want…And some compliance in enforcement matters.” Reinsch told VOA’s Mandarin service... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, Chinese Leader Meets with US Trade Delegation in Beijing, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you Chinese Leader Meets with US Trade Delegation in Beijing

 

 

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Published By: VOA NEWS - Friday, 15 February

 

 

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