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MNI, NEWS
MNI: The WSJ has reported that "U.S. Treasury Secretary Steven Mnuchin has
resumed discussions with his Chinese counterpart, Vice Premier Liu He, about a
deal that would ease trade tension, ahead of a meeting of the leaders of China
and the U.S. set for the end of the month. The two spoke by telephone on Friday,
said people briefed on the conversation, as the U.S. demands that China put
forward a concrete offer before negotiations on a trade deal can take place.
Chinese officials are resisting and say they want to talk first before making a
formal proposal." The article goes on to highlight comments from Michael
Pillsbury, who consults frequently with the administration "there is a
consistency in the (Chinese) messages that can be seen by optimists as the
outlines of a deal, but it's not an offer."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com