Bulletin
Investor Alert

New York Markets After Hours

The Wall Street Journal Archives | Email alerts

Aug. 4, 2020, 7:32 p.m. EDT

U.S., Chinese officials to meet Aug. 15 to assess trade-deal compliance

High-level talks also likely to touch on U.S. crackdown on Chinese tech companies

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Lingling Wei and Bob Davis


Reuters
U.S. Trade Representative Robert Lighthizer speaks with Chinese Vice Premier Liu He during talks in Beijing in February 2019.

The U.S. and China have agreed to high-level talks on Aug. 15 to assess Beijing’s compliance with the bilateral trade agreement signed early this year, according to people briefed on the matter.

The trade pact has emerged as one of the few remaining avenues for the two countries to engage on matters of mutual concern. Relations have deteriorated in recent months, with the Trump administration hammering Beijing over the coronavirus outbreak, Hong Kong and the treatment of Uighurs in western China.

U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, President Xi Jinping’s point man on economic policies, will participate in the talks, likely via videoconference, the people said.

The focus will be on the so-called phase-one deal, which includes China’s commitment to boost its U.S. imports by $200 billion over two years. So far, China has fallen well short of the pace needed to reach the target, even though it has increased purchases of American soybeans, pork, corn and other farm products in recent months.

Liu — the lead Chinese negotiator whose portfolio includes oversight over China’s technology sector — is also expected to raise concerns about the U.S. crackdown on Chinese tech companies, the people said. “He would want to discuss how the U.S. can work toward not surprising the Chinese with daily policy actions,” one of them said.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

Beirut explosion caused by fire kills dozens, injures thousands.

The work-from-home shift shocked companies — now they’re learning its lessons.

This Story has 0 Comments
Be the first to comment
More News In
Economy & Politics

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.