Bessent hopes for China talks in Malaysia next week - RTHK

Contributing sentiments towards policy:

58% : On X, the treasury chief said he and the vice-premier "engaged in frank and detailed discussions regarding trade between the United States and China" and added "we will meet in-person next week to continue our discussions".
50% : Trump had threatened to levy 100 percent tariffs on Chinese imports starting on November 1 unless Beijing scraps its latest export restrictions on rare-earth minerals and magnets, in which it is a dominant supplier, that are essential to tech manufacturing.
50% : In the video call, Beijing said He and Bessent held candid, in-depth, and constructive exchanges on implementing the important consensus reached by President Xi Jinping and Trump during their phone talks since the start of this year and key issues in bilateral economic and trade relations.
50% : A meeting in Malaysia would shift the venue to a Southeast Asian exporter that trades heavily with both China and the United States and whose goods are now subject to a 19 percent duty imposed by Trump.

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