Economic Affairs

China says, America says

A gulf in perceptions yawns between Washington and Beijing on the key issues relevant to their trade

Later this week, United States President Donald Trump will meet his Chinese counterpart Xi Jinping at the Group of 20 (G-20) summit in Argentina. Wishful thinkers believe that Mr Trump, the dealmaker, will push for his biggest deal yet - a ceasefire in the trade war with China. This would make for good headlines and photo opportunities. But the odds are against any meaningful agreement.

One of the things that have kept alive and even fuelled the US-China trade war is a dialogue of the deaf: Two governments that have been talking past each other and cannot seem to agree on almost anything that bedevils their trade relationship.

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A version of this article appeared in the print edition of The Straits Times on November 28, 2018, with the headline 'China says, America says'. Print Edition | Subscribe