InvestorsHub Logo
Followers 81
Posts 12240
Boards Moderated 0
Alias Born 09/28/2003

Re: jjff post# 425261

Thursday, 05/16/2019 8:25:34 PM

Thursday, May 16, 2019 8:25:34 PM

Post# of 432677
jjff: There is always two sides to a story. The claim that China reneged is just one side's claim of what happened. According to this article, China is claiming that it was "Washington that repeatedly tried to change the terms of the negotiations midway through the talks."

China hits back at US claim it reneged on trade talks

Beijing says Washington changed terms on deal to buy more goods midway through discussions
China accused Washington of trying to force Beijing to suddenly increase the volume of goods it was willing to buy from the US © Reuters


China has struck back at US accusations that it reneged on trade commitments, saying it was Washington that repeatedly tried to change the terms of the negotiations midway through the talks.

In its first detailed explanation of the failure of the discussions, China’s foreign ministry on Tuesday accused Washington of trying to force Beijing to suddenly increase the volume of goods it was willing to buy from the US as part of an agreement, violating terms struck in December.

The US “arbitrarily raised its asking price”, said a spokesman for the foreign ministry. “The hat that?.?.?.?violates promises is absolutely not on the Chinese head.”

(continued)


https://www.ft.com/content/b44e36dc-75ed-11e9-bbad-7c18c0ea0201
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News