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Media Report
July 24 , 2019
  • Reuters reports: "Top U.S. and Chinese negotiators will meet face-to-face next week for the first time since the countries' leaders agreed in June to revive talks aimed at ending a yearlong trade war between the world's two largest economies. The United States and China have been embroiled in a tit-for-tat tariff battle, roiling global supply chains and upending financial markets, as Washington presses Beijing to address what it sees as decades of unfair and illegal trading practices. U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will lead a team of American officials in discussions in Shanghai on Tuesday, July 30, 'aimed at improving the trade relationship between the United States and China,' the White House said in a statement on Wednesday. Chinese Vice Premier Liu He will lead negotiations for China."
  • The Wall Street Journal reports: "China's push to gain a bigger foothold in U.S. public transit systems could derail in Congress, which is moving to bar the use of federal funds to buy Chinese buses and railcars. The effort threatens to further fray U.S. trade talks with China, which wants to become a global player in transport and is already fuming over the U.S. decision to blacklist telecommunications giant Huawei Technologies Co. Advocates said the ban is needed to protect a U.S. industry from subsidized Chinese competition. They also claim cameras, location trackers and other gear in Chinese buses and trains could provide surveillance and strategic information to China's authoritarian government. 'It's in the national interest to make sure we have viable rail and bus industries and to protect us from spying and sabotage of our public transportation system,' Rep. Harley Rouda (D., Calif.) said."
  • The Washington Post reports, "China sharpened its hostility toward the United States and Taiwan in a new high-level report on its future military strategy, which accused Washington and its allies of undermining global stability. Releasing the document on Wednesday, officials of the People's Liberation Army repeatedly warned that Beijing would be willing to deploy military force to assert its claims over Taiwan. The self-ruled island has pulled closer to the Trump administration and agreed this month to buy $2.2 billion in weapons, including M1A2T Abrams tanks and Stinger missiles. Taiwan's ruling Democratic Progressive Party favors declaring formal independence from China, a move that could spark confrontation in the Taiwan Strait, one of the world's most heavily militarized flash points. China's navy this month sailed its sole aircraft carrier into the strait in a show of force reminiscent of similar U.S. operations two decades ago that showcased American military dominance in Asia."

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