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
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
LATEST
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
Alibaba AI App Crashes After 3 Billion Yuan Giveaway Sparks Frenzy
Satellite Chipmaker Cygnus Raises $215 Million as China Internet-in-Space Push Accelerates
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
Beijing Humanoid Robotics Hub Raises $100 Million in First Funding Round
Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
Aerofugia Raises Nearly $150 Million to Get Flying Taxis Certified
Alibaba Pledges $432 Million in Lunar New Year AI Subsidy War
In Depth: Megvii Co-Founder Is Back Riding the Latest AI Wave
China Fines Kuaishou Unit $3.8 Million for E-Commerce Violations
Chips Drive China’s Electronics Exports
Robots Take the Stage at China’s Spring Festival Gala
Alibaba Unveils New AI Chip to Rival Nvidia’s China Offerings
ASML Expects China Revenue Drop Following Backlog-Fueled Surge
China’s Telecom Industry Stalls as Traditional Revenue Dries Up
TikTok Outage Puts New U.S. Operations to the Test
Moonshot AI Gets More Into Agents With New Model
Texas Doubles Down on China Tech Ban, Adding AI and E-Commerce Giants
Chinese GPU-Maker Challenges Nvidia in Three-Year Development Plan
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