Trade: Xi Jinping will receive the american delegation

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The chinese president Xi Jinping will receive this week the american delegation come to Beijing to negotiate an exit from the trade war between the two economic powers, said on Wednesday the daily hong kong South China Morning Post (SCMP).

The strong man of the regime in Beijing will meet on Friday, the secretary of the Treasury, Steven Mnuchin, and the representative for the Trade, Robert Lighthizer, says the newspaper, citing sources close to the matter.

This information had not been confirmed in us source or a chinese on Wednesday in the middle of the day.

The two negotiators in Washington must discuss on Thursday and Friday in Beijing with their chinese counterparts.

Met by the press as early as Tuesday in the chinese capital, Mr. Mnuchin said Wednesday morning that he expected a “productive meetings” with his interlocutors.

The United States were given until 1 march to China to find common ground on trade disputes between the two countries, before of from 10 to 25% tariffs on $ 200 billion of products imported from China each year.

President Donald Trump has however said on Tuesday that it could give China additional time “if we are close to an agreement, a real agreement”.

According to the tenant of the White House, the discussions currently underway will go “very well”.

A delegation of senior u.s. officials began Monday in Beijing for preliminary discussions prior to the negotiations on Thursday and Friday.

These negotiations are pursuant to those held last month in Washington, which resulted in a meeting between the chinese vice Premier Liu He, the chief negotiator of Beijing, and Donald Trump.

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According to the SCMP, Mr Liu should call this week his guests to a gastronomic banquet in a Beijing restaurant, as a gesture of “good will” vis-à-vis the United States.

After a surge of optimism following the talks in Washington, the administration Trump has blown cold in the last week, maintaining that there was “still a lot of work” before the first two world economic powers do not manage to overcome their multiple differences.

Washington, who complained of the huge trade surplus that China generates its bilateral trade, also demands that Beijing halt its practices are deemed unfair: the forced transfer of technology, the “theft” of intellectual property, piracy, as well as the massive subsidies granted to public enterprises to make them national champions.

 

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