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 Depth: What’s in the China-U.S. Tariff Truce, and What’s Left Unsettled
LATEST
CXMT Shares Suffer Biggest Drop Since July IPO
Xiaohongshu Pushes Further Into Gaming, Anime With Bigger Festival
In Depth: What’s in the China-U.S. Tariff Truce, and What’s Left Unsettled
AI to Drive Expansion in Cyberattacks, Industry Execs Warn
AI Boom Faces Growing Threat From Climate Change, Researcher Says
AI Boom Redraws Global Tech Map, Industry Executives Say
Chinese Phone-Makers Raise Prices of Flagship Models as Memory Costs Surge
Qualcomm China Chief Sees Country Well Placed for AI Device Race
Tencent to Shut Down QClaw Assistant in Enterprise AI Push
DJI and Insta360’s Battle for Gimbal Camera Market Comes at a Cost
From Chips to Laptops: Alibaba Accelerates Full-Stack AI Ambitions
China’s Open-Source AI Could Narrow Global Income Gap, Economist Says
Embodied AI Startup Paxini Kicks Off Mainland IPO Bid Amid Sector Volatility
Alibaba Unveils New AI Chip as Cloud Infrastructure Push Deepens
Xiaomi Steps Up AI Investment With New Models
AI Firm SiliconFlow Raises New Funds
China Seeks to Protect Minors With Proposed AI Rules
Chinese Smartphone Makers Bet on AI Agents to Revive Demand
CXMT Begins Mass Production of Fifth-Generation Memory Chips
China’s AI Hiring Surges as Industry Pivots to Practical Applications
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