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Friday, February 1, 2019

US and China proclaim major progress in trade talk but nothing is revealed.

https://sg.news.yahoo.com/trump-says-us-china-trade-talks-going-well-150055209.html

Both countries (US & China) try to sugarcoat their trade talk communiques by stating major progress.  However, both countries have not released the progress details.  This makes me wonder whether there is real progress between the 2 countries or not.  Maybe this is a delaying tactic to appease the financial markets and to arrange for the 2 presidents to meet to renegotiate the deal.

1 comment:

Eric Ho said...

https://sg-stock.blogspot.com/2019/01/us-commerce-secretary-no-us-china-trade.html

The US Commerce Secretary was right after all. There is no US-China trade deal from this talk.