Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
In Unusual Move, Huawei Offers ‘No Backdoor’ Deal to India Amid Security Concerns: Report
China Races Ahead of U.S. in Deployment of Electric-Vehicle Charging Stations
Do ‘Double 11’ Vendors Have to Pick Sides This Year? Alibaba Says It’s ‘Normal Market Behavior’
LATEST
Huawei Posts Strong Revenue Growth Despite U.S. Export Ban
Ant Financial Seeks Loan of as Much as $3.5 Billion at Lower Rate
China Freezes Some Social Media, Mobile Payment Accounts in Myanmar Cross-Border Fraud Crackdown
Popular Translation App Youdao Downsizes New York IPO
Popular Alibaba-Backed Social E-Commerce App Returns After Months-Long Absence
Cheap-Phone Maker Realme Eyes Upscale Turn With Pricey New Handset
State Council Order Formalizes Further Opening of Chinese Financial Sector
IMF Predicts Slower Economic Growth for 2019
China Nails Down Timeline for Long-Awaited Mobile Number Portability Program: Report
China Races Ahead of U.S. in Deployment of Electric-Vehicle Charging Stations
Bird Rides Scooter Maker Sees Profit Surge on Overseas Orders
Germany Leaves 5G Door Open to Huawei, Reuters Reports
Cash-Strapped Bike-Sharing App Ofo Says It “Hasn’t Given Up”
Do ‘Double 11’ Vendors Have to Pick Sides This Year? Alibaba Says It’s ‘Normal Market Behavior’
China’s Cloud Computing Market Still Far Behind U.S.: Think Tank
Weather-Forecast App Operator Denied Shenzhen Listing
China’s Wealthy Eastern Regions Report Shrinking Industrial Profits
In Unusual Move, Huawei Offers ‘No Backdoor’ Deal to India Amid Security Concerns: Report
Apple Under Fire for Handing Over Some Web Browsing Data to Tencent
China’s Tencent Resumes Streaming NBA Games
Much to Do in China-U.S. Trade Talks, Commerce Ministry Says

By Qing Ying and Han Wei / Mar 29, 2019 02:28 AM / Finance

Photo: VCG

Photo: VCG

There is still much to be done for China and the United States to strike a trade deal, said a spokesman at China’s commerce ministry Thursday as U.S. officials landed in Beijing for a new round of talks.

U.S. trade officials led by Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer arrived in Beijing Thursday afternoon for the eighth round of trade talks between the two countries, Ministry of Commerce Spokesman Gao Feng said at a press conference.

The two countries are reported to be close to an accord that would end their nine-month trade dispute. But Gao said there are still outstanding issues to be discussed.

“The two sides have made some progress recently, but there’s still a lot of work to be done,” Gao said.

One of the sticking points is disagreement on enforcement. The U.S. is pushing China to accept a mechanism to allow Washington to regularly review Beijing’s compliance with terms of the agreement and put tariffs back in place should it fail the verification.

The two sides will hold a working dinner Thursday evening with a full day of talks planned for Friday, Gao said. Next week, Chinese Vice Premier Liu He is scheduled to travel to Washington for another round of talks.

Related: Beijing Wants Enforcement Mechanism in U.S. Trade Deal to Work Both Ways


Share this article
Open WeChat and scan the QR code