China calls us trading talks “good” when Trump hints at XI call

Chinese Messenger Li Chenggong described negotiations with the US as “good” after the first high -level participation in Switzerland thawing in trading tensions. However, both sides continue to trade thinly veiled.

Asked by CNBC, whether the dialogues were constructive, Lee, who met with US trade representative Jamison Grir on the sidelines of the Asia-Pacific Economic Cooperation in the Jajj on Thursday, replied: “Certainly,” without additional details and prompts about the following meetings.

Lee told reporters that he had no information on whether there would be a meeting or a call between US President Donald Trump and his Chinese XI Jinping counterpart.

On the same day, he, the press secretary of the Ministry of Trade of China, struck a similar restrained tone without offering new details about trade talks during Daily briefing on the press It started an hour later than usual.

Earlier this week, Trump advertised what he could talk to SI at the end of this week, while Beijing appeared tightly in this future. Analysts expect the direct interaction between the two leaders is likely to indicate greater progress in the negotiations.

The first round of negotiations in Geneva was cheered in Beijing as Excuse for the uncompromising answer in China to Trump’s tariffs.

Both sides agreed with temporarily less responsibilities to allow more time to coordinate a more permanent transaction by establishing a “communication mechanism” on economic and trade issues.

Tariffs also paid somewhat improved China’s economic forecast, which pushed some economists to increase this year’s growth forecast.

Bureau of Industry and Security Department of the US Trade Tuesday prevent Companies that do not use the climbing Huawei AI AI, causing criticism from Beijing, calling it an act “Abuse of Export control measures”.

The Chinese Foreign Ministry on Friday strengthened its tone by pushing out “jurisdiction with a long hand in the United States” saying that China will never accept it. “

Meanwhile, China retains Solid capture to control over export on critical minerals. Rare land manners, which are crucial for the US industry, Beijing is regarded as an effective lever in their trade negotiations with the Trump administration.

Ministry of Commerce in China, in statement earlier this week, He urged local authorities to squeeze the smuggling of rare lands.

China began to block the exports of several rare metals on April 4 in revenge for Donald Trump’s “Liberation Day”.

Companies that want to export these items Need to get the approval from the Chinese Ministry of Commerce. At least four magnets rare land producers have received such export permits, including the vendors of the German automaker Volkswagen, Reports Reuters.

When asked about the control over the rare land during a regular press conference on Thursday, the press -secretary of the Ministry of Commerce of China said he had no information for providing.

Separately Nicholas Burns, former Ambassador of America in Beijing, said on Wednesday that “will the price if China is unable to cooperate The problem of fentanyl.

The upcoming talks are the “High Stand” for Beijing because China may lose more “when the tariff suspension, NEO Wang, the leading Chinese economist and strategist at Evercore ISI, said in a note on Monday.

Wang said he expects Beijing to strive, “please Trump so as to benefit the Republican Party in intermediate elections” next year. These include promises to increase US goods purchases or increase its investment in the US

When Chinese officials determine that a broader trading transaction is unlikely, they can instead put up a solution of 20% of fentanyl -related feet, given the concessions to Fentanil’s performance and the sale of the US, which Van called the “true goal” of Trump.

– Evelyn Chen in CNBC contributed to this story.