US and China resume trade talks with both eager for compromise
by Lily Kuo in Beijing from Economics | The Guardian on (#46CMR)
Asian shares rise as fresh round of negotiations begins amid concerns about a slowdown in the Chinese economy
US and Chinese officials held their first face-to-face negotiations since a 90-day truce was declared in a trade war between Washington and Beijing, in the hope of ending a bruising confrontation between the world's two largest economies.
Hopes that the sixth round of negotiations between the two sides could yield a breakthrough helped Asian shares rise on Monday, combined with optimism about the state of the global economy on the back of strong US jobs figures on Friday.
Related: China's moon landing proves it is more than just a paper dragon | Larry Elliott
Continue reading...