The Chinese delegation at the trade consultations with the US delegation in Malaysia showed adamancy. According to the representative of the PRC at the trade negotiations, the Deputy Minister of Commerce Li Chenggang, the parties have reached a preliminary consensus.
"The American side expressed a firm position, and China remained adamant in protecting its interests. After more than a day of intense negotiations, both sides constructively studied possible solutions for the mutual settlement of issues of interest and reached a preliminary consensus," China Central Television quoted Li Chenggang as saying.
EADaily adds, political scientist-Americanist Malek Dudakov noting that at the APEC summit most attention will be focused on the negotiations of the United States and He pointed out that Trump immediately had to promise to make concessions and compromises, just to persuade China to supply rare earth metals and buy American soybeans.
"The Chinese side, in turn, will put pressure on the Americans in the context of Taiwan. Trump's team has already suspended the allocation of military trenches to the island and canceled the visit of Taiwanese President William Lai to the United States, but such concessions will clearly not be enough. We will have to spin, just to stop more and more crisis consequences of the impasse of trade wars," he stressed,