In this file:
· China says ‘vice ministerial’ officials will be in Washington for trade talks
· U.S.-China deputy-level trade talks to begin Thursday in DC: USTR
· Trade talks seen as unlikely to mend U.S.-China divide
China says ‘vice ministerial’ officials will be in Washington for trade talks
o State-controlled media CCTV reported on Tuesday that the Vice Minister of the Finance Ministry, Liao Min, will be leading a vice-ministerial delegation to discuss trade and economic issues, according to CNBC’s translation.
o The meeting comes at the invitation of the U.S., CCTV reported.
Joanna Tan, CNBC
Sep 17 2019
Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.
State-controlled broadcaster CCTV reported on Tuesday that Vice Minister of the Finance Ministry Liao Min lead a vice-ministerial delegation to discuss trade and economic issues, according to CNBC’s translation.
The meeting comes at the invitation of the United States, CCTV reported.
The timing of the meeting was unclear — the CCTV report said China’s delegation would visit the U.S. on Wednesday, but Reuters cited U.S. trade officials as saying that deputy-level talks would commence Thursday.
The U.S. and China have been engaged in a trade battle for more than a year, slapping retaliatory tariffs on each other’s goods worth billions of dollars.
Tensions escalated last month when both sides announced increased tariffs...
U.S.-China deputy-level trade talks to begin Thursday in DC: USTR
Sept 16, 2019
WASHINGTON (Reuters) - Deputy trade negotiators for the United States and China will meet in Washington beginning on Thursday, a spokesman for the U.S. Trade Representative’s office said on Monday.
The U.S. and Chinese governments have said that they expect deputy-level trade talks to resume during mid-September in Washington, but have not made public a specific date. That meeting is to be followed by a meeting of U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin with China’s top negotiator, Vice Premier Liu He, in early October.
A spokesman for Lighthizer said the deputies would begin meeting on Thursday in Washington, but gave no further details…
Trade talks seen as unlikely to mend U.S.-China divide
Michael Martina & Andrea Shalal, Reuters
September 17, 2019
BEIJING/WASHINGTON (Reuters) - U.S. and Chinese officials will restart trade talks at the end of this week, but any agreement the world’s largest economies carve out is expected to be a superficial fix.
The trade war has hardened into a political and ideological battle that runs far deeper than tariffs, trade experts, executives, and officials in both countries say.
China’s Communist Party is unlikely to budge on U.S. demands to fundamentally change the way it runs the economy, while the U.S. won’t backtrack on labeling Chinese companies national security threats.
The conflict between the two countries could take a decade to resolve, White House economic advisor Larry Kudlow warned on Sept. 6. Yu Yongding, an influential former policy adviser to China’s central bank, told Reuters that China was in no rush to make a deal.
Presidents Donald Trump and Xi Jinping may hammer out an interim agreement in October to soothe stock markets and claim political victory after this week’s lower-level talks.
But any final agreement is “extremely unlikely to meaningfully address the Chinese structural reforms” sought by the U.S. and other countries, said Kellie Meiman Hock, a former U.S. Trade Representative official and managing partner with McLarty Associates, a policy and government consultancy.
Negotiators have made little discernable progress on the many points of disagreement since negotiations broke down in May, sources briefed on the talks say.
ISSUES DIVIDE ...
‘TECTONIC SHIFT’ ...
POLITICAL PRESSURE ...