China deal likely incoming

It is pretty much a wrap. How does one turn a Political Issue into a Racial Issue ? It is mind boggling what just got released, and why would the Chinese Government even release this ? White Supremacy... Really ?

They are likely not agreeing to anything more then buying more soybeans and US oil, market and economy is gonna tank hardcore trade truce or not, I think trade tariffs were dumb in the first place, but if you are gonna place them, after the rhetoric and war beat drum playing in China, why would you remove them for at this point ? What ever issue caused Trump to place them in the first place, clearly isn't gonna get better on the China side after this bomb shell
 
Well before Mr Trump arrived on the scene, China made plain its intention to catch up. In 2014 the government in Beijing announced a 1trn yuan ($150bn) investment fund to improve its domestic industry. Semiconductors feature prominently in “Made in China 2025”, a national development plan issued in 2015.

China’s ambitions to create a cutting-edge industry worried Mr Trump’s predecessor. Barack Obama blocked Intel from selling some of its whizziest chips to China in 2015, and stymied the acquisition of a German chipmaker by a Chinese firm in 2016. A White House report before he left office recommended taking action against Chinese subsidies and forced technology transfer. Other countries are alarmed, too. Taiwan and South Korea have policies to stop purchases of domestic chip firms by Chinese ones and to dam flows of intellectual property.

Although the chip battle may have pre-dated Mr Trump, his presidency has intensified it. He has made a national champion of Qualcomm, blocking a bid for it from a Singaporean firm for fear of Chinese competition. Earlier this year an export ban on selling American chips and software to ZTE, a Chinese telecoms firm in breach of sanctions, brought it to the brink of bankruptcy within days. Startled by the looming harm, and (he says) swayed by appeals from Mr Xi, Mr Trump swiftly backtracked.

Neither country’s interests are about to change. America has legitimate concerns about the national-security implications of being dependent on Chinese chips and vulnerable to Chinese hacking. China’s pretensions to being a superpower will look hollow as long as America can throttle its firms at will. China is destined to try to catch up; America is determined to stay ahead
 
nooby_mcnoob said:
I said the US, not trump.
More...

like magic:

https://www.wsj.com/articles/north-koreas-kim-chinas-xi-hold-talks-in-beijing-this-week-11547083524

North Korea’s Kim, China’s Xi Seek to Break Nuclear Impasse With U.S.
Xi Jinping backed further talks between Kim Jong Un and President Trump, saying he hopes the two sides can ‘meet in the middle’

Without getting overly political; yes it behooves the US to have nuclear NK play nice w/its allies in the Peninsula and the Pacific.
 
https://www.cnbc.com/2019/01/10/ana...-progress-in-latest-us-china-trade-talks.html

Analysts see ‘several signs of modest progress’ in latest US-China trade talks
  • A U.S. delegation returned home on Wednesday after a three-day round of trade talks in Beijing.
  • The American side released a statement noting a long list of outstanding issues in the relationship, but also recognizing that China had pledged to buy “a substantial amount” of goods and services from the U.S.
  • Some outside observers say the talks yielded some small signs of progress toward resolving the ongoing trade war between the world’s two largest economies.
https://www.cnbc.com/2019/01/10/beijing-issues-statement-on-us-china-trade-talks.html

Beijing says latest US-China trade talks were extensive, promoted mutual understanding

  • In a Thursday morning statement, China’s Commerce Ministry said the just-concluded round of trade talks with the U.S. were extensive and established a foundation for the resolution of each others’ concerns.
  • The U.S. side had issued its own statement earlier in the day, noting a long list of outstanding issues, but also recognizing that China had pledged to purchase “a substantial amount” of products and services from the U.S.
 
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