By agreing to meet trade with the Trump administration, China has spread itself to the global financial system and is seeking to identify itself as responsible for a harmful superpower competition that has stopped the fears of recession.
Over the weeks, China has publicly stated that it will not be involved in trade negotiations under strictness with the United States, refuses to “kneel” and will not compromise with a “bull”. It emphasized that Washington’s first discussion of discussion should be excluded in China in China.
On Wednesday, Beijing indicated that it would come to the table above all and said that its top trade officer he would meet with Treasury Secretary Scott Besent in Switzerland this week. Nevertheless, it has maintained a strict position, warning Washington against using “obligations and smoke curtains to continue extortion”.
The Chinese government has said that it was “Global expectations, China’s interests and the full discretion of American industry and consumer calls”, “suggested that it was basically doing it for greater good.
“China is trying to frame itself as a responsible team at the Stimson Center’s China Analyst, but this is still a hard-line tune: you will treat yourself better in this discussion.”
However, the move is still to soften China’s position, at a time when economic information has shown that trade brinkmanships are suffering from both countries’ economy.
The Trump administration’s decision to increase tariffs on Chinese products imported into the United States is 5 percent and China’s response to its own tariff travel on American products has effectively froly all trade between the two countries effectively.
Chinese factories were damaged by the steep recession in the activities for more than a year, and the Chinese goods in the United States were submerged, trigging a warning from retailers about deficit. The American economy shrinks in the first three months of the year and companies reduce the forecast for growth.
Both the United States and China seem interested in reducing tariffs, but both sides did not want to give initial discount. It still remains unclear, or how fast, the two countries can make any kind of contract, or what may be its precision.
In an interview with Fox News on Tuesday night, Mr Besent said that he expected the meeting with Chinese officials in Switzerland to concentrate on D-Essay than any big deal.
“We need to do D-Estate before we proceed,” Mr. Besent said.
As part of this, China wants to show that even if the United States does not first cancel the tariff because of Beijing, it will be discussed from the position of energy. In recent days it has repeatedly stated that US officials have arrived for discussion and are considering this request.
“The Chinese are trying to avoid the picture that was interested in talking,” said Mrs. San.
Chinese officials will probably consider trade negotiators as a true-looking mission.
“The Chinese want to find what Donald Trump’s what is what Donald Trump wants to find in the Hong Kong Baptist University journalist.”
For example, so far, Trump officials were not completely clear for Beijing that was in charge of the future with China, Mr. Wang said.
Depending on who is talking about the challenge of treating business with the Trump administration, the direction of the policy seems to change. The Senior Commerce Advisor to the White House and President Trump’s many trade plans, Peter Navaro, has protected the necessary tariffs, while Mr Besent says that the United States is willing to discuss countries.
Even the Trump administration seemed more interested in finding off-ramps such as trade standoffs, yet there were some questions about what the administration would hit during the discussion, which would be held on Saturday and Sunday Fox News.
China says he will go to Geneva from Friday to Monday for a meeting with the Swiss leaders, and he will also meet Mr Besent while he is there. The Trump administration said that US trade representative Jamison Grair will also attend the meeting, although China did not mention Mr Greair in his own statement about the discussion.
Mr. Trump will be effective for Beijing to look for what he wants from China and what he is willing to acknowledge in the discussion because it has reacts to it. China is trying to persuade other countries to impose their own tariffs on Chinese products or not to press China from China’s efforts to dissect China by deciding from Chinese production.
For Beijing, reduce the temperature significantly in the face of Mr. Trump’s tariff can help his own effort to revive his economy. Chinese officials are under pressure both in a multi -dimensional property crisis that has erased many families’ savings with extensive trade tensions with countries other than the United States.
On Wednesday, the central bank of China and its financial regulators took the largest policy that could protect the economy from trade war, money for banks and to make people spending more on the banks of the economy.
The Trump administration’s “customs policies have faced severe injuries to international economic and trade orders, causing significant turmoil in the international financial markets and put a lot of pressure on the domestic capital market,” said Chinese stock regulator Wou King at a press briefing with top officials.
The Chinese side also comes into discussion with the knowledge of the intense sales of the US official bond market and the expansion of the widespread financial market turmoil. Middle elections in the United States can impose some pressure on Mr. Trump as a result of the price deficit on Mr. Trump.
Scott Kennedy, senior adviser to Washington’s Research Group, Center for Strategic and International Studies, says the Chinese “still have the upper hand, but their economy is slow”. “If they make the Trump administration a full stonewall, they may see complicated in stopping the global economy.”
Jixu wang Reporting contributions.
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