China ready for further U.S. trade talks, ambassador says

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China ready for further U.S. trade talks, ambassador says
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Beijing is ready to resume trade talks with Washington, China's ambassador ...

WASHINGTON/BEIJING - Beijing is ready to resume trade talks with Washington, China’s ambassador to the United States Cui Tiankai said, as a top U.S. business lobby in China said nearly half its members are seeing non-tariff barrier retaliation in China due to the trade war.

Another big Chinese tech firm, video surveillance equipment maker Hikvision Digital Technology Co Ltd, could also face limits on its ability to buy U.S. technology, the New York Times reported, citing people familiar with the matter, sending the firm’s Shenzhen-listed shares 10 percent lower at the opening on Wednesday.

He blamed the U.S. side for frequently “changing its mind” on tentative deals to end U.S.-China trade disputes. This week, Chinese President Xi Jinping urged people to prepare for “a new Long March”, evoking the patriotic spirit of the 1934-36 route march of Communist Party members fleeing a brutal civil war to a remote rural base, where they re-grouped and eventually took power in 1949.

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