China's Xi Jinping to meet top US trade officials

14 February, 2019, 12:43 | Author: Brooke Harris
  • World War 3 fears in South China Sea

She argued that her nation has "always respected and safeguarded freedom of navigation and flight based on worldwide laws in the South China Sea, but resolutely opposes any country falsely using these [to] harm the sovereignty and security of coastal countries".

Lighthizer, who arrived at the hotel earlier in the day, did not answer reporters' questions. Representatives from the USTR's office and Treasury could not immediately be reached to comment on the report.

US advisers have previously called March 1 a "hard deadline" for the talks.

The U.S. president had said on Tuesday that the deadline for an agreement could "slide for a little while", but he preferred not to do so.

Pressure to seal an accord ahead of a March deadline lessened before the talks as US President Donald Trump indicated yesterday in Washington he was open to extending a trade truce, depending on progress in Beijing.

She also raised the possibility of a meeting between the leaders of the two countries, saying Trump's personal retreat at Mar-a-Lago in Florida would make a good venue.

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"China wants to make a deal very badly", he said, and "things are going well" in the talks.

Another source confirmed that Xi was set to meet with the U.S. delegation in Beijing later in the week, without specifying the exact date. "Agriculture has to be part of it".

Two U.S. guided-missile destroyers on Monday sailed near the Chinese manmade island of Mischief Reef in the South China Sea, the location of several territorial conflicts that have raised tensions in the region. In particular, the U.S.is demanding structural changes to the Chinese economy, including an end to state-subsidies of Chinese-owned businesses and an end to policies that transfer technology intellectual property from US firms to Chinese competitors.

AMERICAN and Chinese negotiators are set to kick off two days of official trade talks in Beijing today as the world's top two economies try to patch up their festering economic dispute. USA officials are pressing China to stop stealing intellectual property from American companies and commit to deeper reforms to a state-driven economic model that they say hurts US competitors.

During State of the Union address last week, Trump told a joint session of US Congress that any trade deal with China must include real, structural change to end unfair trade practices.

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