The New York Times reports that President Trump delayed his own deadline to increase tariffs on Chinese goods on Sunday as his administration continues a monthslong effort to persuade Beijing to make significant structural changes to its economy that have so far proved elusive. Mr. Trump, in a tweet on Sunday, said he would delay a Friday deadline to increase tariffs on $200 billion in Chinese imports, citing "substantial progress" during a week of trade talks in Washington between American and Chinese officials. The president, who has been eager to cut a deal with Beijing, said the negotiators had forged a compromise on key issues, including China's requirement that American companies hand over valuable intellectual property and technology as a condition of doing business in China, as well as more purchases of American agriculture and energy products, like liquid natural gas. But in a hint of how fluid the talks remain, the two sides did not sign an official agreement and the White House did not release details on any agreements. Mr. Trump said he hoped to sign a final deal in person in a meeting with President Xi Jinping of China, most likely in March at Mar-a-Lago, the president's Palm Beach resort, but no new deadline was set.

Forbes reports that Nearly two-thirds in a recent survey of technology leaders globally believe the innovation center of the world will move from Silicon Valley within the next four years. This shouldn't be too surprising to those following the global trend of many hubs rising to the Valley's gold standard for innovation. But where will the next center be? New York ranks as top of the list of alternate cities to bypass Silicon Valley, the survey by KPMG found. The poll was taken before the Amazon decision to back out of Long Island City. Still, the survey underscores a trend of the Big Apple gaining as a tech center as more technology multinationals call the city home, including Google. New York City jumps ahead of Shanghai, which has been in first place. See a prior Forbes column I wrote about last year's results that show New York City in third place. Beijing ranks second in the new annual survey, ahead of Shanghai. That makes sense to me. Beijing has been China's tech center since entrepreneurship and venture capital became a big thing in China about two decades ago. Shanghai is more about entertainment, marketing and fintech while Beijing is more about deep tech. Interestingly, Taipei, which has been gaining for its hardware smarts, came up in the ranks and tied with Shanghai for fourth place.