A report in The Economist on the China US trade war, indicating China wants a resolution, but there are limits to their willingness to negotiate:
- China wants to maintain domestic stability
- determined to bring the trade war to an end
- with the huge trade surplus, China has more to lose upfront
- Optimism that the government could fight on two fronts-taming its heavy debt burden at the same time as taking on America-has also cracked. The economic outlook has darkened
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