Between Beijing and America, Beijing started negotiations again to resolve trade issues in Shanghai on Tuesday. There is a hope of reaching a compromise by showing the world’s two big economies this time slightly soft. The first round of talks between the two countries in May this year had failed, when US President Donald Trump accused him of rethinking his commitments on China.
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After that, it is the first face-to-face meeting between the two countries. Both the United States and China have taken the stance of stricter fee against each other. In its JD, the two sides have a total business of more than $360 billion. America has demanded that China bans the alleged theft of American technology here and provided its companies with similar opportunities here.
IN THE MEETING ON TUESDAY-WEDNESDAY, US BUSINESS DELEGATION ROBERT ARTHUR AND FINANCE MINISTER STEVEN MANCHIN JOIN.
This conversation is happening in a time when China is under a heavy pressure of civil strife in Hong Kong. Just a few days before the meeting in Shanghai, Trump threatened to snatch its development status from China in the WTO.
China said that America’s ego and selfishness have caused this. The local media had said that the US is trying to put pressure before the business negotiation. Trump had said on Friday that he felt China’s negotiators would delay to agree and wait for the presidential election next year in the US. If he wins, then China will sign agreements. But the resumption of the trade talks between the two countries is being seen positively, even if they expect it to have very limited results.
After the talks failed in May, there was an agreement to resume talks between Trump and his Chinese counterpart Xi Jinping in the G-20 countries meeting in June.
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