China says U.S.-China trade teams in contact ahead of G20

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 99%

Canada Headlines News

Canada Latest News,Canada Headlines

Chinese and U.S. trade negotiators are discussing ways to resolve disputes ahead of a meeting between Presidents Donald Trump and Xi Jinping at the G20 summit in Japan later this week, a Chinese official said Monday.

The sides were seeking to "consolidate the important consensus reached between the two leaders" in a telephone call last week, Wang Shouwen, a Commerce Ministry vice minister, told reporters. Wang gave no details about specific issues under discussion.

The two sides are in a stalemate after 11 rounds of talks that have failed to overcome U.S. concerns over China's acquisition of American technology and its massive trade surplus. China denies forcing U.S. companies to hand over trade secrets and says the surplus is much smaller than it appears once the trade in services and the value extracted by U.S. companies are taken into account.

Huawei's placement on the U.S. government's Entity List is widely seen as intended to persuade resistant U.S. allies in Europe to exclude Huawei equipment from their next-generation wireless networks, known as 5G. Globalization has brought an "unprecedented" level of division of labour across borders and societies, reducing the significance of where products are manufactured and assembled, Geng said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China says U.S.-China trade teams in contact ahead of G-20Chinese and U.S. trade negotiators are in contact on ways of resolving disputes ahead of an expected meeting between their heads of state at the G-20 summit in Japan later this week, a Chinese official said Monday.
Source: CTVNews - 🏆 1. / 99 Read more »

Asian shares waver ahead of Trump-Xi meet at Osaka G-20Shares were wavering in Asia on Monday as investors watched for movement in the China-U.S. trade dispute ahead of a meeting between Presidents Donald Trump and Xi Jinping planned for later this week in Osaka, Japan, at the Group of 20 summit.
Source: CTVNews - 🏆 1. / 99 Read more »

China says U.S.-China trade teams in contact ahead of G-20Chinese and U.S. trade negotiators are in contact on ways of resolving disputes ahead of an expected meeting between their heads of state at the G-20 summit in Japan later this week, a Chinese official said Monday.
Source: CTVNews - 🏆 1. / 99 Read more »

U.S. Secretary of State Mike Pompeo visits Saudi Arabia as U.S. prods Iran for talksPompeo said Washington wanted talks with Tehran, even as it planned to impose new economic sanctions Douche bag
Source: globeandmail - 🏆 5. / 92 Read more »

Asian shares waver ahead of Trump-Xi meet at Osaka G-20Shares were wavering in Asia on Monday as investors watched for movement in the China-U.S. trade dispute ahead of a meeting between Presidents Donald Trump and Xi Jinping planned for later this week in Osaka, Japan, at the Group of 20 summit.
Source: CTVNews - 🏆 1. / 99 Read more »

U.S. targeted Iran with retaliatory cyberattacksThe online attacks were a direct response to both the tanker attacks this month and the downing of a U.S. drone this week But I have a question that nobody is discussing... the US has the ability to recognize a drone is being targeted and can act on the aggression either before or after a missile is fired so why didn’t we CNN chucktodd MotherJones snopes MSNBC mikebarnicle Stuxnet 2.0?
Source: nationalpost - 🏆 10. / 80 Read more »