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Roula Khalaf, publisher of the FT, selects her favorite stories in this weekly newsletter.
The Chinese state media have said that there would be no “harm” in having commercial conversations with the Trump administration, which indicates a softening of Beijing’s position, as both parties seek a way to get out of their shredder.
The gesture arrives as the trade war has begun to show in the economic data of China, with the activity of the factory in April Leaving more since 2023 As the export orders dry.
Yuyuan Soian, an affiliated account of the CCTV state broadcaster, said on Thursday in a social media post on the Weibo Platform in China that Beijing did not need to talk to the United States before Washington took substantial actions.
“But if the United States wants to relate to China, there is no harm to China at this stage,” he said.
The long publication cited noun sources to point out that North -American officials had “carefully carefully in China through several channels hoping to have conversations with the Chinese side with rates.”
Also emphasized the economic data of the United States, including empty ports and one GDP contraction in the first quartersaying that Washington was “definitely the most restless party” for negotiations.
“If it is conversations, the door is open,” said Yuyuan so much. “If it’s a struggle, we’ll see it to the end.”
Analysts said the language was a softening of Beijing’s position from last week, when the Ministry of Commerce indicated that the United States should drop their strong intensity tax in China before negotiations began.
Andrew Polk, a co -founder of Trivium China, an advisory group, said that the post seemed to be “launching the foundations for coming to the table.”
“Painting the United States as the most eager, eager and more pressured party, try to portray -as a place of force,” he said. “This should play well with the domestic audience and give them coverage to start negotiations.”
Zichen Wang, author of the Pekingnology Bulletin and a researcher at Central China and Globalization Think-Tank in Beijing, said that Yuyuan Places Both and another social media account indicated that China appeared in commercial conversations.
“This signaling method through social media accounts is still relatively new in the Chinese context,” he said, although Wang said that Beijing had also used a social media account account for signaling purposes during the first trade war with the United States.
Wang added that the US “must show respect, abstain from hostile rhetoric and show genuine sincerity” to produce significant progress.
Washington and Beijing were engaged in a tit-pill climb after Trump began to raise rates on Chinese goods in February. The additional rates have reached 145 percent, while Beijing has imposed a 125 percent retaliation duty.
Trump Wednesday told journalists that he was expecting to talk to China Xi Jinping at some point. In recent weeks, Trump has made multiple claims about conversations with China that people who know the subject of Beijing and Washington have said they are not false.
Jamieson Greer, the United States commercial representative, told Fox News on Wednesday that the United States and China had not held any commercial negotiation since Trump took office in January.
Trump wants to negotiate a trade agreement directly with XI, but Chinese officials have made it clear to their administration that the two parties should reach some kind before the two leaders can speak.
“Right now … they have huge difficulties because their factories are not doing business,” Trump said, adding that the United States could dispense with Chinese goods.
“Someone said,” Oh, the shelves will be open. “Well, maybe children will have two dolls instead of 30 dolls.
His comments follow the direct warnings of the great -North -Americans, including Walmart and Target, who told Trump at the meetings of the White House that the trade war would give rise to empty shelves at some point.
While the two countries remain in an stunction in the trade war, both parties have softened the impact of some of the rates by giving exemptions to crucial goods such as iphones and chemical imports.
However, the stop has begun to reach the two economies. Traffic in the US ports has decreased rapidly while in China, export dependent factories have begun to workers.
“The point of key pain for China in the current test of resistance between China and the United States is the health of the labor market,” said Lynn Song, chief economist of Great China in Ing.