“I’m positive that they will come up with something that works, but it will not be a trade deal that solves all problems for all people and moves China into the modern world.”

Treasury Secretary Steven Mnuchin said on Sunday that trade talks between the United States and China were entering a critical point as an American delegation h

Every marriage has its ups and downs: decades of China-US economic cooperation have given way to friction. While any compromise entails pressure on some Chinese sectors, trade talks show the possibility of win-win outcomes and a comprehensive readjustment in bilateral ties.

Driven by anxiety over the success of China’s growth model, the US under Trump has sought to apply “maximum pressure” through its trade war. However, an eventual bargain will serve to cement China’s leadership role not only in economics, but also global governance.

Cloud computing, data handling and other issues around the tech sector are at the forefront of negotiations.

Rubio says US technology group is ‘complicit’ in aiding Beijing’s government censorship.

Proposed stepped-up purchases would give Beijing more control, semiconductor industry says.