Wall Street boosted by optimism over US-China trade talks

Share

"I think there's a very good chance that we will get a reasonable settlement that China can live with, that we can live with and that addresses all of the key issues".

Some analysts say that China - Pyongyang's key diplomatic ally and main source of trade - could use Kim's visit as a bargaining chip in the USA trade talks.

The working level talks held at the Chinese Commerce Ministry were the first round of face-to-face discussions since both sides agreed to a 90-day truce in a trade war that has roiled worldwide markets. China's Ministry of Commerce specifically promoted "new progress" on one of two trade calls during which trade imbalances and intellectual property protections were discussed.

U.S. Undersecretary for Trade and Foreign Agricultural Affairs Ted McKinney, center, who is part of U.S. trade delegation leaves from a hotel for a second day of meetings with Chinese officials in Beijing, China, Jan. 8, 2019.

The global economy has been suffering from the chilling effect of a trade war between the world's two largest economies.

How Manchester City could line up against Burton Albion
The League Cup was the first trophy Guardiola lifted in England but he admitted it is low in his priorities. The midfielder was officially unveiled at Real's Santiago Bernabeu stadium on Monday.

Asked for his reaction on the American ship sailing through the Paracel islands which China claims Xisha islands, Chinese Foreign Ministry spokesman Lu Kang said Beijing has lodged strong protest to the United States on this.

China has long claimed territorial rights over the South China Sea, one of the world's busiest shipping lanes, but the United States argues it is global waters.

"Liu's participation in the meeting, held at the ministry's premises, signals that China is attaching high importance to the talks, even if the main participants this time are mid-level officials", Bloomberg wrote.

"China's position in the China-US trade friction and its solutions to the friction is open, it's transparent", Lu said at a regular press briefing.

"As for whether the Chinese economy is good or not, I have already explained this".

Chelsea don't need to sign striker in transfer window - Maurizio Sarri
I have a very good view on our players, what I can expect from them and what I don't see. I have to try to improve my players in the offensive phase.

Hundreds of billions in levies. The US and China have been locked in an escalating trade spat since early 2018, raising import tariffs on each other's goods. China responded by imposing penalties on $110 billion of American goods, slowing customs clearance for US companies and suspending issuing licenses in finance and other businesses. -China trade talks and yet China sent in its top economics adviser Chinese Vice Premier Liu He. "We have firm confidence in the strong long-term fundamentals of the Chinese economy".

Few details have emerged from the trade talks, which are scheduled to run through Tuesday.

The trade spat has been a major overhang and the effects of tariffs on billions of dollars of goods have started showing up in economic data and a reduction in analysts' estimates for earnings growth rates at S&P 500 companies.

The incident could have caused a collision, US officials said at a time.

The Trump administration's calculus regarding how much to stress either increased purchases of United States goods, on the one hand, or structural reforms reflects a divide within the White House. "We have lodged stern representations with the USA side".

National parks brimming with trash, human feces as government shutdown continues
Yosemite National Park in California's Sierra Nevada was closing some campgrounds and some popular areas like Mariposa Grove. Feltges also set up a portable toilet at his store for the visitors who are still streaming in and out of the park.

Share