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Media Report
July 19 , 2017
  • Reuters reports: U.S. and Chinese officials will try to ease trade tensions and bridge differences on Wednesday in annual economic talks that trade experts say will likely yield some small-scale agreements to grant U.S. firms more access to some of China's markets. But the talks are not expected to solve larger problems, such as U.S. complaints about China's excess capacity in steel and aluminum and subsidies for state-owned enterprises, nor China's complaints about U.S. refusals to sell Beijing advanced technology products. 'What I think we will see is an attempt by both sides to be able to declare victory by coming up with a few very specific areas in which China agrees to open up its markets more and which the U.S. can claim as victories,' said Eswar Prasad, a professor of trade policy at Cornell University and a former China division chief at the International Monetary Fund. U.S. Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross said on Tuesday they would be looking for China to agree to concrete steps with specific delivery dates to open markets, including more access for U.S. firms in the financial services sector.


  • CNN reports: "The Chinese government has issued a warning to neighboring India to withdraw its troops from the disputed Doklam border area to 'avoid further escalation of the situation.' The comments, made by Foreign Ministry Spokesperson Lu Kang during a regular press briefing Tuesday, come amid what has evolved into an increasingly bitter and entrenched border dispute between the two nations. The stand-off, now entering into its fifth week, centers on a thin strip of land in the tri-junction with Bhutan. Though not a part of Indian territory, the area is close to the 'chicken's neck' a strategic corridor that serves as a vital artery between Delhi and its far northeastern states. The dispute appears to have escalated in recent days, say analysts, with both Beijing and Delhi looking to consolidate their positions. On Monday, China conducted live-fire drills in the Qinghai-Tibet Plateau close to the site of the current stand-off. The aim of the drills, according to reports in Chinese state media, was to improve troops' 'combat capability in such locations'... A widely circulated op-ed published by the Chinese tabloid the Global Times Tuesday, urged India to back down or 'face the consequence of an all-out confrontation.' The commentary repeated unconfirmed reports in the Indian press that Indian troops are now stationed at the border area and have set up logistical support. 'In response, China must continue strengthening border construction and speed up troop deployment and construction in the Doklam area,' said the op-ed."


  • CNN reports: "The Chinese government has issued a warning to neighboring India to withdraw its troops from the disputed Doklam border area to "avoid further escalation of the situation."
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