[ASIA]
“A GOOD SIGN”
“The relationship is not good,” said Bill Reinsch, a senior advisor at the Center for Strategic and International Studies (CSIS), referring to current ties between Washington and Beijing.
“We have trade-prohibitive tariffs going in both directions. Relations are deteriorating,” said Reinsch, a longtime former member of the American government’s US-China Economic and Security Review Commission. “But the meeting is a good sign”.
“I think this is basically to show that both sides are talking and that itself is very important,” Xu Bin, professor of economics and finance at the China Europe International Business School, told AFP. “Because China is the only country that has tit-for-tat tariffs against Trump’s tariffs”.
Beijing has insisted the United States must lift tariffs first and vowed to defend its interests.
[NEWS]
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