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China Envoy Looks to Defuse Trade Tensions as Conflict Looms

Posted March 01, 2018

Under Economic Issues, International Trade Issues

(Ana Swanson – Today)

China’s top economic adviser arrived in Washington this week in an attempt to defuse rapidly escalating tensions with the United States as the prospect of a trade war between the world’s two largest economies looms.

But Mr Liu He, the American-educated technocrat who is now President Xi Jinping’s top economic adviser, may face an insurmountable task.

The Trump administration appears less predisposed to engage with China than perhaps any other White House in decades — a dramatic turn given the US’ long campaign to persuade China to open its markets to US products and investment. Click here to read more.

Related: White House Expects ‘Frank Exchange’ on Trade With Chinese Official (Reuters)