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We just got the first concrete sign of that the trade truce between Trump and Xi is working

“While the move may be largely symbolic, Trump has railed against the plan since the start of the trade war” writes Bob Bryan for businessinsider.com. Soybean exports to China accounted for around 10% of the total value of all US agricultural exports last year.Soybean exports from the US to China tanked due to President Donald Trump’s trade war.Chinese state-owned firms made a huge order of soybeans on Wednesday, according to a new report, the first concrete sign that Beijing is following through on promises made as part of the trade…

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China, U.S. discuss next stage of trade talks

“BEIJING (Reuters) – China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during a telephone call between Chinese Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer” writes Midwest Communications Inc for 95kqds.com. Lighthizer said on Sunday that unless U.S.-China trade talks wrap up successfully by March 1, new tariffs will be imposed, clarifying there is a “hard deadline” after a week of seeming confusion among Trump and his advisers.The Harvard-education Liu, Xi’s top…

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Huawei CFO bail hearing to resume in Canada as Beijing piles pressure

“She was detained while transferring flights in Canada and appeared in a British Columbia court on Friday for her bail hearing” writes Midwest Communications Inc for 95kqds.com. Meng argued that she should be released on bail while awaiting an extradition hearing due to severe hypertension and fears for her health while incarcerated in Canada, court documents released on Sunday showed.Canadian prosecutors argued against giving her bail while she awaits extradition to the United States. Source: 95kqds.com Share This:

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WSJ: Details of US/China to include large purchases in coming weeks

“According to the WSJ, Beijing was planning to send a 30-member trade team to Washington in the week of December 10th” reports forexlive.com. Broader access to US firms to Chinese markets End to alleged Chinese on US firms to share technology when doing business in China The US looks at the tariffs as a way to “enforce” any deal.According to the article, there are two ways to test if the agreement is at least defusing trade tensions: Muddying the waters – and perhaps disrupting the negotitaion proces – is the…

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hacking tools, techniques and procedures previously used in attacks attributed to Chinese hackers

“(Reuters) – Hackers behind a massive breach at hotel group Marriott International Inc (MAR.O) left clues suggesting they were working for a Chinese government intelligence gathering operation, according to sources familiar with the matter” writes Min Read for reuters.com. Marriott said last week that a hack that began four years ago had exposed the records of up to 500 million customers in its Starwood hotels reservation system. Source: reuters.com Share This:

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What the U.S. and China want from trade talks

“President Donald Trump and Chinese President Xi Jinping will arrive at their meeting later this week with lists of demands and possibly concessions to calm trade tensions between the U.S. and China” writes Adam Behsudi for politico.com. U.S. demands center on Beijing’s policies that force U.S. firms to hand over technology to do business in China.The designation, which China thinks it should have received since December 2016, would require the U.S. to change the way it calculates penalties if it finds China has been dumping in a way that would…

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China worries about hog supply as African swine fever reaches Beijing

“Authorities would make the transport of piglets easier, while still controlling the risk of spreading African swine fever, he said” writes Midwest Communications Inc for 95kqds.com. The Beijing city government sought to reassure the public, noting that African swine fever cannot spread to humans, and that meat sold at city markets undergoes “strict inspections”. “The complexity and time-span to control the spread of African swine fever will increase significantly once there is an interactive infection between wild boars and domestic pigs.”.  Source: 95kqds.com Share This:

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‘We will never have a deal’: China’s former top trade negotiator warns Beijing is hurting itself in Trump tariff battle

“In particular, Long singled out China’s approach to tariffs on soybeans, one of the areas hardest hit by the trade war so far” writes Will Martin for businessinsider.com. China’s former chief trade negotiator has hit out at his country’s handling of rising trade tensions with the US, saying that Beijing is failing to think “deeply enough” about its approach to the conflict. Source: businessinsider.com Share This:

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Exclusive: China offer unlikely to spur major trade war breakthrough – senior U.S. official

“Beijing provided the Trump administration with its document earlier this week, responding to a months-long request from U.S. officials to jumpstart trade talks, Reuters reported on Wednesday” writes Midwest Communications Inc for 95kqds.com. But the offer should be viewed with skepticism, the official said, in part because China has previously made promises on economic and trade reforms that it had not fulfilled.WASHINGTON (Reuters) – China’s written response to U.S. demands for trade reforms is unlikely to trigger a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this…

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