
China's trade talk comments aim to ramp up pressure on US, analysts say
China's confirmation that it is evaluating whether to reopen talks with the United States over a potential deal to de-escalate the trade war should not be interpreted as a softening of its position, as Beijing remains in no rush to engage, analysts said.
Advertisement
Beijing said on Friday that Washington
had been reaching out 'through relevant channels, expressing a desire to engage in talks' – its first official acknowledgement in weeks of a US overture.
But a spokesperson from the Ministry of Commerce also said the US should remove the tariffs it had imposed on China to 'demonstrate sincerity by addressing its wrong practices', if it truly wanted to talk.
The comments represent a 'positive step', because they formally outline China's conditions for any trade discussions with the US, said Victor Gao, vice-president of the Centre for China and Globalisation, a Beijing-based think tank.
However, the ministry statement does not reflect a change in tone from China, as Beijing is serious about making the US lower tariffs before any formal negotiations begin, according to Gao.
Advertisement
'I think it brings everything back to square one rather than changing the Chinese position,' he said. 'My reading is that China is not in a hurry to talk to the United States. The ball is in the American court.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


HKFP
34 minutes ago
- HKFP
Nat. security police warn Hongkongers against downloading game ‘promoting' independence
Hong Kong national security police have warned against downloading a role-playing game app that they say promotes Hong Kong and Taiwanese independence. In a statement on Tuesday, the police force's National Security Department said Reversed Front: Bonfire – a mobile game by Taiwanese developers ESC Taiwan – promotes succesionist agendas, advocates 'armed revolution' and the overthrow of the 'fundamental system of the People's Republic of China.' The game 'also has an intention to provoke hatred towards the Central Authorities and the Government of the Hong Kong Special Administrative Region,' police said. Anyone who publishes related content, including sharing the game online, may be accused of inciting secession and inciting subversion, both offences under the Beijing-imposed national security law. Doing so may also violate the city's homegrown national security law, also known as Article 23, which criminalises 'offences in connection with seditious intention.' According to the description on the gaming platform Steam, Reversed Front walks players through a war against the communist regime. Players can assume different roles, such as Hong Kong, Tibet, Taiwan, the Uyghurs, and Mongolia. The developers describe the communists in the game as 'heavy-handed' and corrupt due to 'malicious ethnic cleansing and an obstreperous military.' The national security police said those who have downloaded the app should 'uninstall it immediately' and urged the public not to provide funding for the game, for example, by making in-app purchases. The game app was initially available on both Google's Play Store and Apple's App Store. However, it was removed from the Play Store in May for failing to ban players who made hate speech, according to Reversed Front's social media post. When HKFP checked on Tuesday, the app could no longer be found on the Play Store.


South China Morning Post
41 minutes ago
- South China Morning Post
China's bankers ditch global hotel chains as travel budgets bite
These days, Shanghai-based banker Jason Zhang can no longer stay at the Westin hotel in Beijing's financial district after his company cut its travel budget. Instead, he had to settle for a cheaper domestic hotel chain. To his surprise, the discount in room rate did not lead to a discount in experience. Yes, the expansive breakfast buffet is gone, but Zhang relishes the local dishes served at the domestic chain Atour. Its pillows and comforters are so popular that many guests buy them after checking out. There's no scramble to pack and leave in the morning as checkout can wait until 6pm. Zhang is not alone in switching hotels. Chinese banks have scaled back travel perks since last year, barring staff from flying business class and booking pricey hotels, as China's economy slows and companies tighten their purse strings. And while it is making things tough for the top-end international brands, the greater financial prudence has opened up opportunities for smaller local chains that focus on the needs of business travellers. While spending on work-related travel in China slowed in 2024, it still grew to a record US$372.5 billion, according to market researcher China Trading Desk. But much of the growth is being captured by hotels offering modest accommodation rather than the luxury end of the spectrum. Mid-range local brands could expand their market share to 75 per cent by 2028 from 45 per cent in 2023, the consultancy says. That is giving domestic chains a boost. Atour Lifestyle Holdings posted record revenue growth of 55.3 per cent to 7.25 billion yuan (US$1 billion), thanks in part to sales of its pillows and comforters. Another hotel chain, H World Group, saw revenue jump almost 10% year-on-year.


South China Morning Post
3 hours ago
- South China Morning Post
Race is on to supplant China's rare earth dominance, reap critical metals in Brazil, US
Beijing's imposition of rare earth export restrictions from April – playing its trump card in the face of Washington's intensifying tariffs and tech curbs – helped send a message to Washington ahead of this week's discussions over bilateral export-control issues. Considered a trump card because rare earths have an outsized impact on auto, electronics and defence industries, and China dominates the supply chain, the trade in such critical minerals is widely expected to be among the key topics this week in discussions between high-ranking US officials and Chinese Vice-Premier He Lifeng in London. Despite Beijing having pledged to accelerate export approvals , China's grip on the industry has amplified the question of whether Washington and its allies should do more to build an industrial chain outside of China, and at what cost. 'We'll start making a dent next year on the magnet side,' USA Rare Earth CEO Joshua Ballard said. 'We're not going to be the full answer, but we're going to make a dent.' USA Rare Earth runs a magnet-making plant in the US state of Oklahoma, where it expects annual revenue of up to US$800 million, at full capacity, from clients eager for components that build consumer electronics, electric vehicles and robotics. The same company is currently working on separation technology for its rare earth deposit in the neighbouring state of Texas, again serving eager American clients.