Asia

WHAT HAPPENS NEXT? For trade talks to advance, Mr Trump and Mr Xi will need to be actively involved in defining the parameters of a final deal. Mr Trump has suggested he may soon speak with Mr Xi by phone, which could lend credence to the best-case scenario of both sides working towards a comprehensive trade agreement. Questions arise about how China is prepared to open up to American businesses, as Mr Trump claimed, and how the US is prepared to reciprocate. From China’s perspective, there are several steps it can take to reduce trade imbalances, a major source of…

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