According to a statement by China’s Ministry of Commerce over the weekend, a vice-ministerial-level call between the US and China saw “a deep exchange of views” on trade imbalances and intellectual property protections, but the notice stopped far short of claiming any kind of developments.
This marks the second such trade call in a week between the two countries, and while further calls and upcoming visits are on the schedule, investors continue to gain little in the way of concrete evidence of developments in trade talks, and vague headlines are increasingly seeing less optimism leak into the markets.
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