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China, US announce more trade talks next week

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With a deadline looming, U. S. and Chinese negotiators will hold more talks in Washington next week aimed at ending a battle over Beijing’s technology ambitions.
BEIJING — With a deadline looming, U. S. and Chinese negotiators will hold more talks in Washington next week aimed at ending a battle over Beijing’s technology ambitions.
The announcement Friday came after U. S. Trade Representative Robert Lighthizer told Chinese President Xi Jinping that negotiators “made headway” in talks this week in Beijing. They had been the last scheduled before planned U. S. penalties on $200 billion of Chinese products are due to take effect March 2.
The United States “hopes to see additional progress,” a White House statement said. It gave no indication whether President Donald Trump would extend the deadline.
Economists said the two days of talks this week were too brief to resolve the sprawling dispute that extends to cyberspying and China’s trade surplus. They said Beijing is trying to persuade Trump that enough progress is being made to postpone the penalties.
Trump’s economic adviser, Larry Kudlow, said earlier that he had yet to decide whether to escalate the dispute, which threatens to drag down already weakening global economic growth.
“I hope you will continue to work hard to promote a mutually beneficial and win-win agreement,” Xi told Lighthizer in a meeting after the negotiations ended, according to the official Xinhua News Agency.
The decision to hold more talks suggested they were making progress. But there was no indication of movement on the thorniest dispute: U.

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