Chinese officials have significantly narrowed the scope of issues they’re willing to discuss at upcoming trade negotiations with the U.S., Bloomberg News reported Sunday.
The leader of China’s trade delegation, Vice Premier Liu He, recently told dignitaries that China will not commit to reforming industrial policies or government subsidies — two of the Trump administration’s main complaints — Bloomberg reported.
Experts believe China may be gaining the upper hand in trade negotiations as President Donald Trump gets caught up in impeachment proceedings and U.S. economic data continues to weaken, the report said. U.S. and Chinese negotiators are scheduled to hold trade talks in Washington this week.
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