China says important progress made in Washington trade talks

[TomSea]

China says important progress made in Washington trade talks

China said on Friday it had made “important progress” towards settling trade disputes with the United States after the countries wrapped up what it called “frank, concrete and constructive” talks in Washington.


US President Donald Trump meets China’s Vice Premier Liu He in the Oval Office of the White House [Jim Young/Reuters]

Chinese Vice-Premier Liu He led a delegation from Beijing for two days of intense talks in which both sides hailed progress on tough issues beyond the trade imbalance between them – including those that would require Chinese reform, such as forced technology transfer, intellectual property protection and non-tariff market barriers.

“Frank, concrete and constructive discussions have made important progress,” the Chinese delegation said in a statement, published by Xinhua after the talks ended on Thursday.

Read more at: https://johnib.wordpress.com/2019/02/01/china-says-important-progress-made-in-washington-trade-talks/

Just on the surface, it looks like the administration is doing well in this area.

[To-Whose-Benefit?]

What China Says is hogwash trying to put a positive face on their nose dive into an empty swimming pool.

Doesn't matter What they were promised in DC.

Anything less than a complete reset of the pre Trump Tarrifs won't be enough to save them.

Big Trouble In Shrinking China

https://www.zerohedge.com/news/2019-02-01/big-trouble-shrinking-china

[dfwgator]

I think Xi is feeling the heat from the Party, and he needs to come through.

Trump in some ways is in the same boat, he needs to start getting some wins before the election kicks off.