BEIJING — The United States and China have sparred repeatedly over trade, in a tit-for-tat skirmish that has shown little sign of abating. High-level talks have stalled, while both sides have been threatening further tariffs in the past week.
But beneath the acrimony, two potential paths for China seem to be emerging, according to participants in the trade negotiations and their advisers. Both would deliver trade wins for President Trump and his more moderate advisers, while also letting President Xi Jinping of China push ahead with his ambitious industrial plan to build national champions in cutting-edge technologies.
Read more here.