China: Trade Talks

china: They also came as China has sent out friendly signals, such as encouraging domestic companies to purchase US soybeans and pork, according to Global Times China. In the past rounds of trade talks, the US used similar measures to pressure China. Such measures were rolled out as China and the US are preparing to resume trade talks in October to settle trade frictions that have rattled the two countries for more than a year. The US wants to increase its bargaining chips before the new round of trade talks, while at the same time taking measures to counterbalance China, Yang Zirong, an associate research fellow at the Chinese Academy of Social Sciences told the Global Times, calling such actions US hegemony. If implemented, this would affect dozens of US-listed Chinese companies, including the likes of Alibaba and Baidu. Bloomberg reported on Friday that the US government is considering delisting Chinese companies from US stock exchanges. (news.financializer.com). As reported in the news.