China lowers expectations for U.S.-China trade talks following blacklisting of Chinese firms

  • 5 years ago
China has toned down expectations for the upcoming trade talks with the U.S. which are set to held in Washington this Thursday and Friday... amid reports of the talks possibly being cut short.
Our Kim Jae-hee has the details. China is downplaying expectations for progress on its trade talks with the U.S., despite President Trump's optimistic remarks on Wednesday.
According to Reuters, Chinese government officials said the Trump administration's recent blacklisting of 28 Chinese firms generated a negative atmosphere.
The U.S. had previously added some of China’s top AI companies to its trade blacklist over their alleged involvement in the surveillance and detention of Muslim minorities in China.
The U.S. also announced new visa restrictions on Tuesday, on Chinese officials they believe are responsible for the detention or abuse of Muslim minorities.
The officials said while Beijing wants the trade war to end, they are not optimistic about any agreement in the short-term,... and added that more time is needed to improve ties.
Hong Kong-based South China Morning Post also quoted an anonymous source saying there's a possibility the Chinese delegation may cut short their stay in Washington.
The source said there's not much optimism, and the original plan of the delegation to depart Washington on October 12th could be moved ahead to the 11th.
Meanwhile, President Trump told reporters earlier this week there's a really good chance a deal will happen.
The negotiations scheduled for Thursday and Friday in Washington are the first high-level talks between the two countries in more than two months.
Kim Jae-hee, Arirang News.

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