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US trade negotiators need to show ‘sincerity’ in Shanghai talks – Global Times

According to a piece carried by the Global Times, China’s national English language newspaper, under the People’s Daily,  the US trade representatives should show “sincerity” and temper expectations, as a fresh round of talks begins with the Chinese counterparts in Shanghai on Wednesday.

Key Highlights:

The daily accused “trade hawks” of refusing to consider China’s legitimate interests, adding that the U.S. side should hold “reasonable expectations” after making “unrealistic demands that infringe upon China’s sovereignty and dignity”.

It said that if “Washington still holds the illusion that Beijing will somehow cave in and compromise on issues concerning sovereignty and other related core interests to reach a deal, then no deal is fine”.

All eyes remain focused on the fresh trade talks   between the two countries for the next direction on the Aussie and Yen.

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