China Downplays Chances for Talks, Pledges Economic Defense
Comment of the Day

May 17 2019

Commentary by Eoin Treacy

China Downplays Chances for Talks, Pledges Economic Defense

This article from Bloomberg news may be of interest to subscribers. Here is a section:

China’s state media signaled a lack of interest in resuming trade talks with the U.S. under the current threat of higher tariffs, while the government said stimulus will be stepped up to buttress the domestic economy.

Without new moves that show the U.S. is sincere, it is meaningless for its officials to come to China and have trade talks, according to a commentary by the blog Taoran Notes, which was carried by state-run Xinhua News Agency and the People’s Daily, the Communist Party’s mouthpiece. The Ministry of Commerce spokesman said Thursday he had no information about any U.S. officials coming to Beijing for further talks.

Eoin Treacy's view

China running ahead of the USA on patent filings has been a common statistic quoted to highlight the country’s growing incentive to uphold intellectual property laws. What is less commented on is what these patents are for.

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