Donald Trump praises Xi Jinping ties ahead of talks
A breakthrough deal to change China’s economic policies is highly unlikely during the two-day talks
Beijing — US President Donald Trump praised his relationship with Chinese President Xi Jinping as a US delegation arrived in Beijing on Thursday for talks on tariffs, with state media saying China will stand up to US bullying. A breakthrough deal to fundamentally change China’s economic policies is viewed as highly unlikely during the two-day visit, though a package of short-term Chinese measures could delay a US decision to impose tariffs on about $50bn worth of Chinese exports. The discussions, led by US Treasury Secretary Steven Mnuchin and Chinese Vice-Premier Liu He, are expected to cover a wide range of US complaints about China’s trade practices, from accusations of forced technology transfers to state subsidies for technology development. "Thrilled to be here. Thank you," Mnuchin said on arriving at his hotel, when asked if he expected progress. He made no other comments. As Mnuchin arrived, Trump tweeted: "Our great financial team is in China trying to negotiate a level pla...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.