China backtracked on almost all aspects of U.S. trade deal – sources
China cannot give in to US demands. Their entire existence is built on the basic assumption that their exploiting weak western countries will never be called and that their cheating will go on forever. If they had to build a mutually honest and productive relationship, their entire economic model would fall to shambles. Their skin is so deep now that they don’t have any more flesh to give. They must go on playing this dreadful game until hell freezes over. Or Trump pulls out all stops.
The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks.
