China willing to begin trade talks with US, but sets several riders
[ad_1] China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump's full backing, Bloomberg reported citing a Chinese government source.Trump administration has raised the tariffs to 245% on the Asian nation after Beijing decided to block new Boeing aircraft purchases by Chinese airlines.“China now faces up to a 245% tariff on imports to the United States as a result of its retaliatory actions,” the White House said.Meanwhile, China has responded saying that it wasn't "afraid to fight", however, adding that if the US wanted to resolve the matter, it should talk "on the basis of equality, respect […]