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China Heads Into Trade Talks Bracing for More U.S. Demands

  • U.S. officials said to plan talks in Beijing week of Jan. 7
  • Chinese officials said still unsure of what U.S. side wants
Bloomberg business news
U.S. Team Heads to China for Trade Talks in January
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China enters trade talks said to begin early next month in Beijing having made concerted efforts to end the standoff with the U.S., and also unsure it’s done enough.

Since Presidents Xi Jinping and Donald Trump came to a temporary truce almost a month ago, China’s removed a retaliatory duty on U.S. automobiles and is drafting a law to prevent forced technology transfers. It’s also slashed import tariffs on more than 700 products and began buying U.S. crude oil, liquefied natural gas and soybeans again.