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US-China Talks to Resume but Asian Giant Want to Deal as Equals

2024-12-16OANDAOANDA
Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United States will create the necessary conditions for dialogue, the Chinese commerce ministry said on Thursday. Negotiations to reach a broad trade deal broke down last month after U.S. officials accused China of backing […]

Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United States will create the necessary conditions for dialogue, the Chinese commerce ministry said on Thursday.

Negotiations to reach a broad trade deal broke down last month after U.S. officials accused China of backing away from previously agreed commitments.



But hopes for a revival of negotiations have been rekindled by a telephone call on Wednesday between U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, and confirmation they will meet next week in Japan at a G20 summit.

U.S. Trade Representative Robert Lighthizer said on Wednesday he would speak by telephone to Liu He, China’s vice premier and chief negotiator in the trade talks, “in the next day and a half”.

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