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China Says Deputy Premier to Join U.S. Trade Talks Next Week

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Bill Lee, chief economist at Milken Institute, says China desperately wants a trade deal with the U.S.Source: Bloomberg)

China said Vice Premier Liu He will join U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in high-level trade talks between the two countries next week.

The U.S. working team will arrive in Beijing on Monday and the two sides will discuss issues of common concern, as they build on talks that took place in Washington in late January, China’s Commerce Ministry said in a statement on Saturday. It gave no further details of the talks that will take place on Feb. 14-15.