Chinas Xi to meet top US trade officials

Chinas Xi to meet top US trade officials

Washington is expected to keep pressing Beijing on long-standing demands that it make sweeping structural reforms to protect American companies' intellectual property, end policies aimed at forcing the transfer of technology to Chinese companies, and curb industrial subsidies. But they have resisted making major changes in development plans they see as a path to prosperity and global influence. An American delegation is in Beijing to conduct bilateral trade talks with China.

Negotiations about two weeks ago in Washington went fairly well by all accounts, but officials have said there's a lot of work that needs to be done before a deal can be made.

The two USA cabinet officials will meet with Xi on Friday, the South China Morning Post reported, citing a source briefed on the arrangements.

Their deputies have met since Monday to make preparations.

Even if negotiators produce an agreement, it run might into opposition from within the Trump administration, Prasad said.

"I think that whatever we might get for an agreement, it will be a pause, because the USA government is still going to move forward in the telecoms sector, on law enforcement and legal action, and on sanctions-related issues".

Beijing has tried to deflect pressure by emphasizing China's growth as an export market.

More news: Wizards' John Wall needs Achilles surgery; out another year
More news: Longtime N.C. Rep. Walter Jones dies on 76th birthday
More news: 5 people shot to death in Houston-area home

Both the Chinese government and Huawei have dismissed these concerns.

The push for a deal comes as Trump begins to lay out his case for re-election next year, arguing that his administration has helped to buoy US growth and employment through tax cuts and deregulation. Trump said last week they plan to meet, but not before the March 1 deadline.

During an interview Monday, White House Counselor Kellyanne Conway said the president wants to meet with President Xi very soon.

Another source confirmed that Xi was set to meet with the USA delegation in Beijing later in the week, without specifying the exact date.

According to media reports, the meeting may take place in Vietnam on 27-28 February.

Trump's comments are the strongest indication that he's willing to give the Chinese more time to firm up a deal to head off the bruising trade conflict, which has cast a cloud over the global economy.

During a South China Sea freedom-of-navigation operation in September, a Chinese destroyer challenged a US vessel to a showdown, forcing the US Navy ship off course and risking a deadly collision. "It would be a awful cost for American consumers and a bad hit to the global economy".

Related Articles

  • Viral-video teen arrested for hurling chairs off Toronto tower’s 45th floor

    Viral-video teen arrested for hurling chairs off Toronto tower’s 45th floor

    In a statement released late Tuesday, Airbnb said it would look into whether any of its users were involved in the incident. And that's what has happened, ' police spokesman David Hopkinson told CBC .

    Nintendo Direct confirmed for tomorrow

    We're just getting started on today's Nintendo Direct , and like always, Nintendo is pulling no punches from the beginning. The brief description that came alongside the Nintendo Direct offered a few hints as to what people can expect.
    Breaking Bad movie to focus on Jesse Pinkman's fate in 'sequel'

    Breaking Bad movie to focus on Jesse Pinkman's fate in 'sequel'

    After months of speculation, several outlets have confirmed the much-hyped Breaking Bad movie is heading to Netflix . The report also claims that the script is being shot as a feature-length movie, although this is yet to be confirmed.
  • Youth Tobacco Use Increased in 2018, Erasing Long Decline — CDC

    Youth Tobacco Use Increased in 2018, Erasing Long Decline — CDC

    He added that if the trend continues in 2019, tough decisions will have to be made regarding the regulation of e-cigarettes. Cigarette smoking rates have stopped falling among USA kids, and health officials believe youth vaping is responsible.
    No decision yet on United Kingdom  racing

    No decision yet on United Kingdom racing

    Equine influenza produces symptoms similar to the human flu, including a cough and high temperature. Also relieved are the team at Plumpton, who can now go ahead with racing on Wednesday.
    Pentagon Warns That Russia, China Threaten U.S. Space Dominance

    Pentagon Warns That Russia, China Threaten U.S. Space Dominance

    Of about the 21,000 large space objects that are least 10 centimeters (4 inches) in size, only about 1,800 are active satellites. China has demonstrated an anti-satellite missile and is working on a laser that could attack US properties in space.
  • Venezuela sanctions leave oil market short of heavy crude

    Venezuela sanctions leave oil market short of heavy crude

    Crude inventories built for a fourth week in a row, rising 3.6 million barrels to 450.8 million barrels in the week to February 8. Brent crude futures continue to track higher with bulls eying a break above the 2019 peak ($63.63/bbl).
    Apple may reportedly learn from its '2018 iPhone mistake'

    Apple may reportedly learn from its '2018 iPhone mistake'

    Both companies have seen a slump in shipments in China, and have been the worst performing among top five smartphone makers. CEO Tim Cook also blamed trade tensions between the United States and China for the slowdown in sales.
    Assassin’s Creed Odyssey New Game+ promised this month

    Assassin’s Creed Odyssey New Game+ promised this month

    A New Game Plus mode has been confirmed for Assassin's Creed Odyssey and it will be arriving sometime this month. Meanwhile, Ubisoft is also gearing up for a remastered release of Assassins Creed 3 .
  • Israel warns Iran that its missiles can travel 'very far'

    Israel warns Iran that its missiles can travel 'very far'

    Palestinian officials, viewing the current USA administration as having a pro-Israel bias, declined to attend the conference. Netanyahu says he doesn't think the Trump administration's "Deal of the Century" peace plan will be discussed.
    Marc Gasol says high post-season hopes made move to Toronto easier

    Marc Gasol says high post-season hopes made move to Toronto easier

    In 2017, Mitch Lawrence of Forbes reported that the Raptors were open to moving Valanciunas as part of a package for Gasol. The 34-year-old Gasol spoke to the media on Monday morning ahead of Toronto's game against the visiting Brooklyn Nets .
    Michael Jordan Reminds Everyone Why He’s The GOAT Of Basketball

    Michael Jordan Reminds Everyone Why He’s The GOAT Of Basketball

    While this remains to be one of the biggest coups in league history, Jordan allegedly did get a lot of help from the association. Harden will be suiting up for Team LeBron and Russ will be playing for Team Giannis, and Jordan will likely be closely watching.