US won’t talk to China on trade until it gets specific plan to halt tech theft

10/25/2018

|

Jeff Cox | CNBC

Trade tensions between have taken another negative turn, with the U.S. demanding that China come up with a specific plan to stop stealing technology. Until Beijing does so, the U.S. will not resume trade negotiations, according to a report Thursday in the Wall Street Journal. The latest impasse jeopardizes a meeting between President Donald Trump and China’s Xi Jinping scheduled for the end of November at the G20 meeting. There had been some hope that Trump and the Chinese president could make progress on the myriad trade issues between the two sides, a major focus being forced technology transfers. Read more here