. | . |
China says 'no information' on Xi-Trump meeting by Staff Writers Beijing (AFP) May 14, 2019 The Chinese foreign ministry on Tuesday said it had "no information to offer at present" on a possible meeting between president Xi Jinping and his US counterpart to avert a trade war. As trade tensions escalated between the two countries, Donald Trump on Monday told reporters that he expects to meet with the president of China and Russia next month at the Group of 20 summit in Japan. "The two heads of state maintain contact through various means," foreign ministry spokesman Geng Shuang said at a regular briefing on Tuesday. But when asked whether China was making preparations for a possible Xi-Trump meeting, Geng said: "I have no information at present about the specific question raised." China said Monday it will raise tariffs on $60 billion worth of US goods from June 1, in retaliation for the latest round of US tariff hikes and Washington's plans to target almost all Chinese imports. The announcement came after the latest round of US-China trade negotiations ended Friday without a deal, and after Washington increased tariffs on $200 billion worth of Chinese products. US President Donald Trump had also ordered the start of a process to impose new duties on another $300 billion worth of Chinese items. The world's top two economies ended two days of negotiations in Washington on Friday with no deal. Both sides have indicated that discussions will continue. Beijing's top trade negotiator, Liu He, likewise said Friday the next round would start in the Chinese capital at an unspecified date. The United States is pressing China to change its policies on protections for intellectual property, as well as massive subsidies for state-owned firms, and to reduce the yawning trade deficit. Beijing had offered several concessions, including passing a new Foreign Investment Law that promises to cut redrape and ban the illegal transfer of technology. A meeting between the two leaders was expected in March, but it never materialised as the two sides failed to reach a deal. Trump had tweeted over the weekend that his relationship with China's Xi remains "very strong."
'Intelligent reformer': China's Liu He seeks a trade deal Beijing (AFP) May 10, 2019 China's top trade negotiator and Vice Premier Liu He, a Harvard-educated economist, is putting his reformer credentials to the test in months of fraught negotiations with American officials. President Xi Jinping's right-hand man on economic issues has managed months of tricky negotiations with US officials in an attempt to hammer out a pact. On his current trip, Beijing described him as the "leader in charge of the China-US comprehensive economic dialogue" - a change from his title of Xi's "spe ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |