In this file:
· US-China negotiators narrow differences on trade: DJ, citing sources
· No word on progress after 2nd day of China-US trade talks
· Positive reports coming out of U.S.-China talks
US-China negotiators narrow differences on trade: DJ, citing sources
The report, which cited sources, said the negotiators made progress on issues such as the purchase of U.S. goods and services.
However, the two sides are still not ready to reach a deal just yet, according to Dow Jones.
Fred Imbert, CNBC
Jan 8, 2019
Trade negotiators from China and the U.S. have narrowed some of their differences, Dow Jones reported on Tuesday.
The report, which cited sources, said the negotiators made progress on issues such as the purchase of U.S. goods and services. It also said that a follow-up conversation between Cabinet-level officials is expected later this month. However, the two sides are still not ready to reach a deal just yet.
Reuters later reported that a a U.S. trade delegation member said talks with China would continue on Wednesday.
Dow Jones' report lifted stocks to their highs of the day Tuesday, with the Dow Jones Industrial Average briefly trading more than 320 points higher.
China and the U.S. have been engaged...
No word on progress after 2nd day of China-US trade talks
via KTIC (NE) - January 8, 2019
BEIJING (AP) — Talks between the U.S. and China on ending their tariff war were ending their second day Tuesday without word on whether they’ve made any progress, as an official newspaper warned not to push Beijing too hard.
China is strong and has its own needs, said the Global Times, published by the ruling Communist Party. Washington “cannot push China too far” and must avoid a situation that “spins out of control.”
Negotiators began the talks Monday on the trade war launched by President Donald Trump in July with tariff hikes on Chinese goods in response to complaints that Beijing steals or pressures companies to hand over technology.
Trump and Chinese President Xi Jinping agreed on Dec. 1 to postpone more tariff hikes on each other’s goods for 90 days while they negotiate. But neither side appears to have budged, and economists say three months is too little time to resolve issues that have disrupted U.S.-Chinese relations for years.
Washington is pressing Beijing for changes including rolling back plans for government-led creation of Chinese global champions in robotics and other fields. Europe, Japan and other trading partners echo Washington’s complaints that those violate Beijing’s market-opening obligations.
Chinese officials have suggested Beijing might alter its industrial plans but they have rejected pressure to abandon their blueprint for greater prosperity and global influence. They have tried to defuse pressure for more sweeping change by offering concessions including purchasing more American soybeans, natural gas and other exports.
“China would need to significantly recalibrate its industrial policies to fully meet the U.S. trade team’s demands,” Nick Marro of the Economist Intelligence Unit said in a report. “The limited policy movement that we’ve seen so far suggests that a game-changing deal remains unlikely.”
Also Tuesday, North Korean leader Kim Jong-un arrived in Beijing in a possible effort to coordinate with the North’s only major ally ahead of a possible meeting with Trump. U.S. and North Korean officials are believed to have met in Vietnam to discuss a location.
A Chinese foreign ministry spokesman rejected suggestions that Kim’s visit was intended as a bargaining chip during the trade talks.
China’s position on trade is “transparent and the U.S. side is well aware of it,” said Lu Kang. “China does not need to use any other tactics.”
As the talks began Monday at the Chinese Ministry of Commerce, Beijing complained...
Positive reports coming out of U.S.-China talks
By Ken Anderson, Brownfield
January 8, 2019
There are some positive reports coming out the U.S.-China trade talks in Beijing.
Dow Jones reports that trade negotiators have made progress on several issues. It also said that a follow-up conversation between Cabinet-level officials is expected later this month.
President Donald Trump tweeted that talks with China were going “very well.” U.S. Commerce Secretary Wilbur Ross also expressed optimism, telling CNBC that...