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China expresses disinterest in further US talks

Trade-talk relations between the giant economies seem to be going from bad to worse lately.

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Chinese state media has signaled a lack of interest in picking up paused trade discussions with Donald Trump’s US government, writes Bloomberg News.

The US has threatened to greatly increase tariffs on a broad range of imports. The Chinese government now says stimulus will be stepped up to hold the domestic economy under its arms.

Seeks proof of “sincerity”

In focus is a commentary by a blog called Taoran Notes – relayed by state- and communist party-controlled outlets Xinhua and People’s Daily – saying that without new moves to prove that the US is sincere, it is meaningless for its officials to come to China. A spokesman for the Chinese Ministry of Commerce said Thursday he had no information about any US officials coming to Beijing for further talks.

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Angry response to racial statements

As news site Politico reported, Chinese president Xi Jinping last week said in a speech that it would be “stupid” and “disastrous” for one civilization to force itself on another.

While this did not mention the US, it is widely interpreted as a bite-back after talk by a high US official two weeks earlier. It was US State Department director of policy planning Kiron Skinner who then said this is the first time the US is facing a “great power competitor that is not Caucasian” – sparking anger at what many saw as insinuation of racial supremacy arguments. Skinner described competition with China as “a fight with a really different civilization and a different ideology.”

 

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