China’s state news agency, Xinhua, reports that the Chinese delegation have arrived in Washington for trade talks.
Key Details:
The delegation is led by China’s Vice Premier Liu He.
Among those members is PBOC Governor Yi Gang and China’s state planner, NDRC, Vice Chairman Ning Jizhe.
On Tuesday, Moody’s said in its latest report that China is unlikely to satisfy the US requests to reduce its trade surplus by $200 billion by 2020.