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China Doubts Long-Term Trade Deal Possible With Trump

  • Stage 1 in the works but Chinese downplay prospect for others
  • APEC cancellation adds another hurdle for a star-crossed deal
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Chinese officials have warned they won’t budge on the thorniest issues. Bloomberg’s Brendan Murray reports.Source: Bloomberg
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Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a “phase one” agreement.