US, China Prepare for Second Round of Talks in London

Good morning. The US and China gear up for another round of trade talks. Korean stocks may get their big break under the new president. And Daiwa’s chief stands behind diversity initiatives even as Trump attacks them. Listen to the day’s top stories.

Round 2: US and Chinese negotiators are set to open their second round of trade talks Monday in London, the first since Donald Trump and Xi Jinping finally broke a logjam. One promising sign: Beijing said it’s already approved some rare-earth exports—a priority topic for Washington. A key goal for China will be to ease US chip controls. Don’t get too excited though. Bloomberg Economics said it may be harder for either side to walk away with a win than in May’s meeting.