China’s chief trade negotiator, State Council Vice Premier Liu He, named the main items on the agenda for the talks to be held in Washington next month, trade balance, market access and investor protection, writes the South China Morning Post.
The comments suggest that China will avoid negotiations on more complex issues such as structural reform and security issues, focusing instead on less deeply rooted issues such as purchases of US agricultural products.
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Liu made comments in Beijing during a meeting with Ewan Greenberg, chairman of the US-China Business Council, Xinhua News Agency reported.
The Vice Premier of the State Council of the PRC said that a meeting at the working level would be held next week so that the parties could lay the foundation for negotiations in Washington in October.
Liu also noted that China welcomes the decision of US President Donald Trump to postpone the planned increase in duties for two weeks. According to Trump, a request for a respite came from Liu, but Beijing did not confirm this.
«The whole world is waiting for progress in negotiations between the US and China,» Liu said.
According to Vesti.Ekonomika, Trump said that the United States could conclude a temporary trade deal with China. He noted that he would prefer a full-fledged option, but you can act in stages.
Earlier, Bloomberg reported that the Trump administration is considering offering China a “limited” trade deal that would defer or even abolish certain US duties in exchange for Chinese purchases of US goods and intellectual property rights obligations.