China, US trade negotiators plan 'to meet in January'

China, US trade negotiators plan 'to meet in January'

Feng further said: "In January, in addition to maintaining intensive telephone consultations, the two sides have made specific arrangements for face-to-face consultations".

During a regular briefing, Chinese commerce ministry spokesperson Gao Feng said: "The Chinese and U.S. economic and trade teams have always maintained close communication".

Earlier this month, China's major state-owned grain stockpiler said it had resumed buying U.S. soybeans, and Beijing announced it would suspend extra tariffs added to US-made cars and auto parts starting January 1. President Donald Trump has agreed to put on hold a scheduled increase in tariffs on some $200 billion in annual imports from China while the negotiations take place. Beijing has agreed to resume buying American soybeans and to at least temporarily lower retaliatory tariffs on US autos.

Beijing so far has pledged to resume buying American soybeans and to at least temporarily lower retaliatory tariffs on USA autos.

"The failure of cabinet-level officials to even meet in the first half of the 90-day period makes it impossible to anticipate fundamental change on the Chinese side", said Derek Scissors, a China expert at the American Enterprise Institute.

Deputy US Trade Representative Jeffrey Gerrish will lead the US team for talks during the week of January 7, Bloomberg said, citing two people familiar with the matter.

In yet another sign of reconciliation, China on Dec 25 issued a so-called "negative" list that specifies industries where investors - domestic or foreign - are either restricted or prohibited. The draft law said China would reserve the right to retaliate against countries that discriminate against Chinese investment with "corresponding measures".

Preparations for talks have proceeded despite the December 1 arrest in Canada of an executive of Chinese tech giant Huawei on USA charges related to possible violations of trade sanctions on Iran.

United States prosecutors accuse Meng Wanzhou of misleading multinational banks about Iran-linked transactions, putting the banks at risk of violating USA sanctions.

Related Articles

  • No Christmas rest in Premier League ahead of another big weekend

    No Christmas rest in Premier League ahead of another big weekend

    English Premier League side Arsenal might be lured into changing their mind on Wales global Aaron Ramsey. No smile on the face, nothing, because we were all absolutely concentrated.
    Chinese companies boycott Apple to support Huawei

    Chinese companies boycott Apple to support Huawei

    Some companies are even reported of discouraging Apple product use by excluding the iPhone users from any job promotions. Chinese companies are offering their employees subsidies for buying Huawei smartphones and boycotting Apple products.
    Indonesia tsunami: Anak Krakatau volcano eruption as flights diverted

    Indonesia tsunami: Anak Krakatau volcano eruption as flights diverted

    The country's system of tsunami detection buoys - deployed after the 2004 disaster - has not worked since 2012, with some units being stolen or vandalized.
  • Miley Cyrus, Liam Hemsworth tie the knot

    Miley Cyrus, Liam Hemsworth tie the knot

    In one of the pictures, the duo can be seen embracing each other, with a wedding ring visible on the 28-year-old actor's finger. Camera IconSurfer Conrad Carr shared an image of the couple cutting a wedding cake during the low-key ceremony.
    India in charge but devastating Cummins gives Australia hope

    India in charge but devastating Cummins gives Australia hope

    Hindustan Times delivers the news across all social media platforms, on the web, and at your doorstep. His scalps also included opener Hanuma Vihari (13) and vice-captain Ajinkya Rahane (1).
    Goodfellas actor Frank Adonis dies age 83

    Goodfellas actor Frank Adonis dies age 83

    He helped all his friends he could. "He was my best friend", she said in a statement to the celebrity news site. He is survived by his wife and their two children, and his daughter from a previous relationship, per TMZ .
  • CenturyLink outage affects Minnesota customers

    CenturyLink outage affects Minnesota customers

    The mobile phone alert, which was also mistakenly sent to people in OR , urged people to call a number with a 360 area code. But while the US ISP is working on restoring service, things may not be going as smooth as the company was hoping for.
    Black Mirror: Bandersnatch lands on Netflix this week

    Black Mirror: Bandersnatch lands on Netflix this week

    But there are also multiple variations of each ending, so chances are slim of you getting the exact same story as another viewer. If you're making that decision, how does that affect your relationship with the film?" Ah Black Mirror , never change.
    Messi: I Knew I Would Not Be In Ballon d'Or Fight

    Messi: I Knew I Would Not Be In Ballon d'Or Fight

    In snippets released from the interview, Messi said, " I love football, but family is above everything ". "I played in England, Spain, Italy, Portugal, in the national team, while he is still in Spain".
  • Germany: Drugged auto  driver tries to follow plane at airport

    Germany: Drugged auto driver tries to follow plane at airport

    The global airport in Hannover handles 5.87 million passengers previous year , though it isn't one of Germany's top hubs. Part of terminal A was closed but the two other terminals were open, police told German news agency DPA.
    Bright blue light appears over Queens after transformer explosion at power plant

    Bright blue light appears over Queens after transformer explosion at power plant

    The light was blue because of the nitrogen and oxygen in the air when the electricity arced through it, he added. The weird sight set off a frenzy on social media, where people reported a power failure at LaGuardia Airport .
    Trump 'very happy' with Treasury chief Mnuchin: White House adviser

    Trump 'very happy' with Treasury chief Mnuchin: White House adviser

    An insider had previously claimed Trump was upset over Mnuchin's recommendation to hire Federal Reserve Chairman Jerome Powell . The two men spoke on a variety of issues, including the government shutdown and an update on the status of trade talks.