China's offer to the U.S. will not include commitments on reforming Chinese industrial policy or government subsidies, the report said.
President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019.Chinese officials are growing hesitant to pursue a broad trade deal with the U.S. in negotiations set to begin this Thursday, people familiar with the matter told Bloomberg News.
Vice Premier Liu He, who will lead negotiations for China, told dignitaries that his offer to the U.S. will not include commitments on reforming Chinese industrial policy or government subsidies, according to to Bloomberg. These are among the Trump administration's main demands in the trade talks. The U.S.-China trade talks also near as Trump faces an impeachment inquiry in the House of Representatives, after the president
that the country investigate Joe Biden, a potential 2020 rival, and his son Hunter. People close to the administration, however, say the impeachment inquiry has not impacted trade talks with China.
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