US and Chinese officials will meet in Europe for trade talks for the third time in as many months, and Beijing is more confident than ever going into the negotiations. The Trump administration has been forced to lift several export restrictions on China due to its strong hold on vital minerals, including the startling lifting of the prohibition on the sale of a crucial Nvidia AI chip.
According to government statistics, the Chinese economy has produced better-than-expected growth months into the trade war, registering a record trade surplus that highlights the exports’ durability as they shift away from the US market.
At a crucial summit with the European Union a few days ago, Beijing reaffirmed its harsh stance while doing little to address the bloc’s issues, which range from trade disparities to the conflict in Ukraine.
Chinese negotiators, led by Vice Premier He Lifeng, are anticipated to welcome their American colleagues with renewed faith in Beijing’s unyielding, tough-edged stance and a rising desire for further US concessions when a new round of negotiations starts in Stockholm on Monday.
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