President Xi Jinping spoke with US counterpart Joe Biden in mid-November. Photo: Reuters
President Xi Jinping spoke with US counterpart Joe Biden in mid-November. Photo: Reuters

US-China reach trade talk ‘stalemate’ despite expiry of phase-one deal as Beijing, Washington remain silent

  • Talks between Vice-Premier Liu He and US Trade Representative Katherine Tai and US Treasury Secretary Janet Yellen have yet to happen
  • China’s two-year commitment to buy an additional US$200 billion of American goods and services expired last week, with indications are that it has fallen around 40 per cent short

President Xi Jinping spoke with US counterpart Joe Biden in mid-November. Photo: Reuters
President Xi Jinping spoke with US counterpart Joe Biden in mid-November. Photo: Reuters
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