China and the United States begin negotiations to end trade war
China’s Vice-Premier Liu He arrived in Washington on Wednesday
/NOVOSTIVL/ China and the United States started a fresh round of talks on Wednesday in Washington amid upbeat hopes of finalising a comprehensive agreement to end their protracted trade war. This article appeared in the South China Morning Post.
Chinese Vice-Premier Liu He was greeted by US Trade Representative Robert Lighthizer outside the USTR office on Wednesday morning, shaking hands. In a rare display of enthusiasm, Liu waved to the reporters before entering the USTR office.
Larry Kudlow, White House economic adviser, said at an event hosted by The Chrisitan Science Monitor that China acknowledged for the first time issues of intellectual property thefts, cyber hacking and forced technology transfer accused by the US but largely denied by China previously, according to a report by CNBC.
"They have for the first time acknowledged that we have a point. Several points," Kudlow said, according to CNBC. "And I think that that has led to, you know, good negotiations".
He also said the case of Huawei, China’s telecoms giant in legal disputes with the US government, had "generally not come up" during the talks. "We looked at it as a legal matter so far."
The talks are the latest after both sides resumed negotiations four months ago and follow two days of talks last week when Liu hosted Lighthizer and US Treasury Secretary Steven Mnuchin in Beijing.