US, China hold 'constructive' trade talks in Beijing

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U.S. officials held 'constructive' talks in Beijing, Treasury Secretary Steven Mnuchin said on Friday, concluding the latest round of dialogue ...

BEIJING: U.S. officials held"constructive" talks in Beijing, Treasury Secretary Steven Mnuchin said on Friday, concluding the latest round of dialogue with China aimed at resolving the bitter trade dispute between the world's two largest economies.

Earlier, he told reporters U.S. officials had a"very productive working dinner" on Thursday. He did not elaborate and it was not immediately clear with whom he had dined. Trade watchers had anticipated the scope of this round of talks, which wrapped up about 24 hours after the U.S. delegation arrived, to be quite narrow, but that both countries hoped to signal they were working hard toward a resolution.

One person with knowledge of the talks said"translation is definitely an issue", referring to discrepancies between the Chinese and English-language versions. Many have expressed scepticism whether whatever deal they reach will end the trade war once and for good. Trump's demands include an end to Beijing's practices that Washington says result in the systematic theft of U.S. intellectual property and the forced transfer of American technology to Chinese companies.

 

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