The previous 18 months of trade talks between the U.S. and China have only led to more punitive tariffs, but this time it might be different.
"There's more possibility of a breakthrough between the two sides," said Hu Xijin, editor-in-chief of the Global Times, a tabloid under the People's Daily.
In a 1,200-word commentary, Taoran said it's "very likely" there will be "new developments" in the upcoming trade talks. "There's more possibility of a breakthrough between the two sides," said Hu Xijin in a tweet Thursday. Hu is editor-in-chief of the Global Times, a tabloid under the People's Daily, which is the official newspaper of the Communist Party of China. His Twitter account has been followed by many Wall Street traders and market participants for insight on the trade war.with the recent developments in the escalated trade war.
"Whether the trade war is headed in a positive direction or it will repeat again, I am afraid it still depends on how some people choose," Taoran said.
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