A U.S. delegation is expected to travel to China for trade talks next week, according to a senior administration official, marking what would be the first in-person talks since the Group of 20 summit last month.
Lingling WeiThe Chinese side requested a change of venue for US/China trade negotiations next week, to Shanghai from Beijing. Premier Li just finished a two-day inspection of Shanghai, calling on the city to show leadership in further reform and opening up wsj.com/articles/trade… via @WSJ
Chinese consumers are increasingly hungry for pork. With U.S. imports more expensive due to tariffs, companies around the world see an opportunity for long-term business—and for a fundamental realignment in the global supply chain.
Lingling WeiChina's Foreign Ministry spokesman Geng Shuang confirmed @WSJ scoop at a briefing today: "The government has received an invitation from the United States for trade talks, and welcomes it." wsj.com/articles/u-s-p… via @WSJ
Chinese leaders are stepping up a charm offensive with U.S. multinationals and sheathing earlier threats of retaliation as Beijing changes tack to keep the trade fight with Washington from scaring off foreign investors.
Lingling WeiPresident Xi pledged to "punch back" at U.S. on trade two months ago. Now his economic envoy is telling U.S. cos Beijing "won't allow retribution." What's changed? Beijing is worried about losing foreign cos key to China's future. W/@yoko_kubotawsj.com/articles/china… via @WSJ
Lingling WeiBeijing allows ExxonMobil to build a $10B wholly-owned petrochemical project in China? “They don’t care anymore about who owns the equity, as long as the supply chain is in China.” wsj.com/articles/china… via @WSJ
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