China Trade Talks Kick-Off

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People familiar with the talks said manufactured goods, a key priority for the Trump administration, were among the largest components of Chinese purchase pledges aimed at significantly reducing the U.S. trade deficit with China.

"China's representatives and I are trying to do a complete deal, leaving NOTHING unresolved on the table".

"Our sense from our discussions last week in China is that China is struggling to come up with anything on the technology transfer side, and from our standpoint that's problematic", Myron Brilliant, the chamber's head of worldwide affairs, said.

Speaking at the White House, Trump said he thinks a deal with China can be reached by March 1, and if not he'll go ahead with plans to more than double tariffs on US$200 billion in Chinese imports.

Trump, meanwhile, has seen his public approval ratings battered by the partial government shutdown and is said to worry about the tariff war's impact upon US financial markets.

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The robot, developed in 2006, helped spot problems in phones before they hit the market by mimicking how people actually use them. Huawei also is charged with using a Hong Kong front company, Skycom, to trade with Iran in violation of USA controls.

President Xi said China has given a lot of attention to the Beijing Winter Olympics, and all preparations are in order and are being undertaken.

The talks were threatened to be overshadowed by Monday's indictment by USA prosecutors of Meng Wanzhou, the chief financial officer of Chinese telecom giant Huawei Technologies.

The Chinese delegation will be led by Vice Premier Liu He, a close economic adviser of Mr Xi, and central bank governor Yi Gang. This could maintain the threat of U.S. tariffs on Chinese goods long term.

But Washington's aggressive prosecution of Chinese telecoms firm Huawei - which federal prosecutors accused this week of industrial espionage, sanctions violations and fraud - threatened to upend the talks, drawing irate objections from Beijing.

But compelling China to reform its trade policies and treatment of foreign companies will be hard. The White House did not immediately comment on the report or say when the meeting would take place.

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US Commerce Secretary Wilbur Ross, centre left, chats with Chinese Vice Premier Liu He, centre, during a group photograph session after their meeting at the Diaoyutai State Guesthouse in Beijing, June 3, 2018.

US officials and some analysts say they believe its weakening economy will pressure the Chinese into making concessions.

Beijing and Washington have been engaged in a trade war since Trump announced in June that $50 billion worth of Chinese goods would be subject to 25 percent tariffs in a bid to fix the US-Chinese trade deficit. "What are they going to put on the table?"

On Monday, China's biggest technology company, Huawei, was indicted on US charges including technology theft.

USA officials insist that the Huawei case is entirely separate from the trade negotiations.

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Prior to being named US Trade Representative in May 2017, Lighthizer was a specialist in global trade law for more than 30 years and is a veteran of trade negotiations with Japan in the 1980s. New and expanded plants are happening all over the U.S. Critics dismissed Beijing's commitments as vague, and Trump backed away from Mnuchin's deal and chose to proceed with tariffs.

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