BEIJING: China will refuse to discuss President
Donald Trump’s two toughest trade demands when US negotiators arrive in Beijing
this week, people involved in Chinese policymaking say, potentially forcing
Washington to escalate the dispute or back down.
The Chinese government is publicly calling for flexibility on both sides. But senior Beijing officials do not plan to discuss the Trump administration’s two biggest demands: a mandatory $100 billion cut in the United States’ $375 billion annual trade deficit with China and curbs on Beijing’s $300 billion plan to bankroll the country’s industrial upgrade into advanced technologies such as artificial intelligence, semiconductors, electric cars and commercial aircraft.
The Chinese government is publicly calling for flexibility on both sides. But senior Beijing officials do not plan to discuss the Trump administration’s two biggest demands: a mandatory $100 billion cut in the United States’ $375 billion annual trade deficit with China and curbs on Beijing’s $300 billion plan to bankroll the country’s industrial upgrade into advanced technologies such as artificial intelligence, semiconductors, electric cars and commercial aircraft.
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