Would China-US Trade Negotiations At G-20 Result In Resolution Of Disputes

Chinese and U.S. tre negotiators are discussing ways to resolve disputes ahe of a meeting between Presidents Donald Trump and Xi Jinping at G-20 summit in Japan later this week, a Chinese official said Monday. 

sides were seeking to “consolidate important consensus reached between two leers” in a telephone call last week, Wang Shouwen, a Commerce Ministry vice minister, told reporters. Wang gave details about specific issues under discussion. 

This week’s G-20 meeting in Osaka is first opportunity Trump and Xi have h to thrash out tre dispute face-to-face since Trump said he was preparing to target $300 billion in Chinese imports that he hasn’t alrey hit with tariffs, extending m to everything China ships to United States. 

In vance of Trump-Xi meeting, U.S. Tre Representative Robert Lighthizer spoke by phone Monday with top Chinese negotiator, Vice Premier Liu He, according to a spokesperson for Tre Representative’s office who did t have furr details of discussions. 

Trump has alrey imposed 25% tariffs on $250 billion in Chinese imports and China has retaliated with tariffs on U.S. goods. 

two sides are in a stalemate after 11 rounds of talks that have failed to overcome U.S. concerns over China’s acquisition of American techlogy and its massive tre surplus. China denies forcing U.S. companies to hand over tre secrets and says surplus is much smaller than it appears once tre in services and value extracted by U.S. companies are taken into account. 

Stepping up pressure on Beijing, U.S. Commerce Department has effectively barred U.S. companies from selling or transferring techlogy to Huawei Techlogies, world’s biggest maker of network gear, . 2 smartphone manufacturer and a champion of Chinese industry. 

Washington claims Huawei poses a national security threat because it may be beholden to China’s ruling Communist Party. However, American officials have presented evidence of any Huawei equipment serving as intentional conduits for espion by Beijing. 

Huawei’s placement on U.S. government’s Entity List is widely seen as intended to persue resistant U.S. allies in Europe to exclude Huawei equipment from ir next-generation wireless networks, kwn as 5G. 

Responding to a question about wher it would be best for all 5G devices sold in U.S. to have been me outside of China, Chinese foreign ministry spokesman Geng Shuang said Americans seemed to be conjuring up n-existent threats. 

“I want to tell individuals in U.S. that y have been living in a panic me by mselves, and y have reached a state of extreme nervousness in which y even apprehend danger in every sound,” Geng said. 

Globalization has brought an “unprecedented” level of division of labour across borders and societies, reducing significance of where products are manufactured and assembled, Geng said. 

“Against such a backdrop, any attempt to achieve ‘absolute security and controllability’ by isolating oneself is thing but fool’s talk,” Geng said. 

China has responded to U.S. pressure by saying it would issue a list of “unreliable entities” targeting companies that “violated market principles” and cut supplies of components to Chinese businesses for n-commercial reasons. 

Beijing has also suggested it might limit exports of rare earth, minerals such as lithium that are used in many products including cellphones, electric vehicles and batteries that run m. 

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