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US-China trade talks extended to unscheduled third day amid signs of progress

  • Author:Alex
  • Source:Sunny worldwide logistics
  • Release Date:2019-01-10
US-China trade talks extended to unscheduled third day amid signs of progress

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THE US-China trade talks in Beijing were extended for an unscheduled third day amid signs of progress on issues including purchases of US farm and energy commodities and increased access to China's markets, according to US officials.   People familiar with the talks said the world's two largest economies were further apart on Chinese structural reforms that the Trump administration is demanding in order to stop alleged theft and forced transfer of US technology and on how to hold Beijing to its promises, reports The Guardian of UK.

THE US-China trade talks in Beijing were extended for an unscheduled third day amid signs of progress on issues including purchases of US farm and energy commodities and increased access to China's markets, according to US officials.

People familiar with the talks said the world's two largest economies were further apart on Chinese structural reforms that the Trump administration is demanding in order to stop alleged theft and forced transfer of US technology and on how to hold Beijing to its promises, reports The Guardian of UK.

"Talks with China are going very well!" US president Donald Trump tweeted without elaborating, as talks wound down late on Tuesday evening in Beijing.

Steven Winberg, assistant secretary for Fossil Energy at the US department of energy, told reporters in Beijing that the talks, which began on Monday, had gone well.

"I confirm we're continuing tomorrow, yes," Mr Winberg said, declining to answer further questions.

"These talks will have a positive outcome because both sides are trying to deal with the issue in an active and practical manner," said Wei Jianguo, a former vice commerce minister after the end of talks on the first day. "I'm not saying there could be positive results; I think there definitely will be."

This week's meetings are the first face-to-face talks since Mr Trump and Chinese president Xi Jinping agreed in December to a 90-day truce in a trade war that has roiled global financial markets.