FROM EIR DAILY ALERT

---

Coming U.S.-China Trade Talks Are Not ‘Low-Level’

Aug. 16, 2018 (EIRNS)—A Chinese delegation will accept an American invitation to visit Washington later this month and continue trade talks. For some reason, Bloomberg has published that the talks will be “low-level,” but this is not the case. The South China Morning Post rightly describes the Chinese group as a “senior government delegation.” Wang Shouwen, who will head it, is not only Vice-Minister of Commerce and a member of the Communist Party of China (CPC) leading group in the Commerce Ministry, but he is also China’s Deputy International Trade Representative and a seasoned trade negotiator. The head of the U.S. delegation will be the Under Secretary of the Treasury for International Affairs, likewise no junior position. The current incumbent, David Malpass, was Deputy Assistant Treasury Secretary under Reagan, Deputy Assistant Secretary of State under George H.W. Bush, and an economic advisor to Donald Trump during the 2016 election.