Trade dispute: Positive signals from Beijing

just before new talks in the U.S., China concessions in the dispute. The state-run Xinhua news Agency says the Parliament will vote in March on a new law on the protection of foreign companies.

in order for this to be better preserved from interference by the government in Beijing, and technology theft. The Chinese Vice Prime Minister Liu He was expected on Wednesday in Washington, where he is scheduled to meet on Thursday US President Donald Trump.

Trump had made at the beginning of December with his Chinese counterpart, Xi Jinping, a standstill agreement. This prevents that at the moment, the conflict between the two largest economic powers in the world, is expanding to a trade war. However, the deadline for that runs at 2. March.

Succeed till then no agreement will Trump impose further massive tariffs against people's Republic. Their economy is weakened by the dispute is already being felt, what is clouding the Outlook for the global economy.

Trump accuses China of unfair trade practices. The high deficit in the exchange of goods with the people's Republic is a thorn in his side. To remedy the situation, Liu put to the Americans is likely a new offer on the table, that is the promise of significantly higher orders in the United States.

dispute Huawei overshadowed talks

in Addition, the dispute over the Chinese Telecom giant Huawei has dominated the new discussions on a solution to the Trade dispute. The indictment by the USA against the largest Telecom equipment supplier and the second-largest mobile phone manufacturer Huawei exacerbated the tensions between the two sides.

The United States also requested the extradition of the canadian-detained daughter of the founder, chief financial officer Meng Wanzhou,. After a hearing before the court, the decision on a possible continuation of the extradition proceedings in the case of Minister of justice David Lametti is now.

The group is accused of laundering violations of Iran sanctions, money, fraud, conspiracy to obstruction of justice and industrial espionage. Meng Wanzhous next date before the court was for the 6. March set.

in the meadow During the group's allegations, practiced by the Chinese government sharp criticism. A spokesman for the foreign Ministry called on the United States, the extradition request to withdraw. Behind the intensified action by the United States against Huawei and other Chinese companies Beijing sees political motives, and the American attempt to keep in the race for the technological leadership of the nose in front. (fal/sda)

Created: 30.01.2019, 14:22 PM