CHINA, U.S. TO HOLD MORE TRADE TALKS AS TRUMP RATCHETS UP TARIFF THREAT

CHINA, U.S. TO HOLD MORE TRADE TALKS AS TRUMP RATCHETS UP TARIFF THREAT

LIU VOICED MEASURED OPTIMISM ON REACHING A DEAL, BUT SAID THERE WERE ISSUES OF PRINCIPLE ON WHICH CHINA WOULD NOT BACK DOWN.

The third is over the text of the draft agreement, he said.
Both sides had differing views on how to phrase it, he said.
He said he believed the Chinese economy would maintain a stable and healthy trend despite some downward pressure, and that China had ample room for fiscal and monetary policy manoeuvres.

China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports...

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Article ID: 296777 Date: 11th May, 2019 Social Shares: 38
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