May 3,2018
Chip Wars: Tech Rivalry Underlies US-China Trade Conflict
Chip wars: US-China trade tensions underscore intense rivalry over key semiconductor expertise.
BY KELVIN CHAN, AP Business Writer
HONG KONG (AP) — Chinese and American officials will be trying to defuse tensions pushing the world’s two largest economies toward trade war in meetings beginning Thursday where analysts say chances for a breakthrough seem slim given the two sides’ desperate rivalry in strategic technologies.
Treasury Secretary Steven Mnuchin and other U.S. officials including Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer arrived Thursday for the talks in Beijing. Liu He, President Xi Jinping’s top economic adviser, is heading the Chinese side in the talks.
Turning in.
Keep at ‘em!