May 25, 2019

BEIJING (REUTERS) - China on Friday (May 24) accused US officials of lying to the public about their trade war, as rising tensions between the world's two largest economies kept financial markets in a state of unease.

Talks to end the trade dispute collapsed earlier this month, with the two sides in a stalemate over US demands that China change its policies to address a number of key US grievances, including theft of intellectual property and subsidies for state enterprises.

Washington has slapped higher tariffs on US$200 billion (S$275 billion) in Chinese goods, prompting Beijing to retaliate, and effectively banned US firms from doing business withHuawei Technologies Co Ltd, the world's largest telecom network gear maker.

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https://www.straitstimes.com/asia/east-asia/china-accuses-us-officials-of-misleading-public-on-trade-war?cx_testId=20&cx_testVariant=cx_1&cx_artPos=1#cxrecs_s