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He also revealed some of the key areas that the two sides could not agree on.
For instance, Washington demanded China “completely open its internet” and relax its controls that require foreign cloud computing companies to store all their data in China.
“China can only agree to selectively open some areas. A completely open internet is impossible,” the source said.
Another contentious point was the quantity of American products
China must purchase annually. “The US wants China to increase imports of American products by another US$100 billion a year,” the source said. “It is difficult to achieve that immediately.”
Most critically, the US negotiators demanded to have a monitoring mechanism
to track and verify progress, and wanted it to be stipulated in the final agreement that the US could impose tariffs on Chinese products if it was not satisfied with developments. Some Chinese laws would also need to be rewritten to accommodate the demands.
Exclusive | Was this the moment US-China trade talks fell apart?
Five days before hopes of a deal receded dramatically, a private chat between China’s Liu He and the US’ Robert Lighthizer and Steven Mnuchin changed the mood.
www.scmp.com
最后编辑: 2019-05-29
