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China stands firm, seeks to reduce impact

2018-08-25 09:41:35       source:The Straits Times

August 24, 2018


BEIJING -- The just-concluded low-level trade talks in Washington were not expected to make any breakthrough in the trade dispute between China and the United States, said analysts.


Instead, they were likely meant to establish a common road map for future negotiations, said Mr Rajiv Biswas, Asia-Pacific chief economist at IHS Markit consultancy.


Analysts said it is therefore not a surprise that the talks did not achieve anything concrete.


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https://www.straitstimes.com/asia/east-asia/china-stands-firm-seeks-to-reduce-impact