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US-China trade dispute: Positive words, questionable prospects

The trade dispute between China and the United States is the focus of the global economy. Now, new talks between the two countries in Beijing. But what is there

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US-China trade dispute: Positive words, questionable prospects

The trade dispute between China and the United States is the focus of the global economy. Now, new talks between the two countries in Beijing. But what is there to expect?

in Spite of all the differences of opinion between China and the United States: In the past few weeks, it has become increasingly clear that both sides at least try to negotiate seriously. The goal: since about a year of ongoing trade and customs conflict to resolve. US Treasury Secretary Steve Mnuchin has been a few days ago in Los Angeles for an Interview on the subject, and, mutatis mutandis, said: We are approaching the finishing straight.

China's government spokesperson for foreign policy Affairs, Geng Shuang.

China's state and party leadership is, as usual, very covered, but also the government spokesperson for foreign policy Affairs, Geng Shuang, said last optimistic: The Chinese-American trade talks have already achieved tangible progress. "We believe that the negotiating teams can come if you work hard - a result which would be advantageous for both sides," said Geng Shuang. And once more, he referred back to last December, China's state and party chief Xi Jinping and US President, Donald Trump in Buenos Aires, met and agreed, in principle, a willingness to compromise.

allegations remain

However, if it really comes to is more open. Because the core of the trade is conflict: the allegations of the US government to China's Communist leadership. They are: China treating foreign companies unfairly, engaged in technology theft and protect the intellectual property of others enough. Therefore, US President, Donald Trump has set the past year, the special duties on Chinese Goods to the value of 250 billion US Dollar in power. China appealed against customs duties. From Europe, the same accusations will come to a large extent, the governments there reject special duties against the Beijing leadership.

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