China Prepares Opening Bid to Talk Trade With Trump

“Beijing is readying an opening bid to try to head off greater tariff increases and technology restrictions from the Trump administration—a sign that China is eager to get trade talks going,” the Wall Street Journal reports.

“However, what it is prepared to offer, according to people in both capitals familiar with Beijing’s thinking—chiefly focused on going back to a previous trade deal that didn’t work out—is likely to intensify debates in Washington over how to negotiate with China.”

New York Times: For China, Trump’s moves bring pain, but also potential gains.