News Snapshot:
China and the United States have reached a “stalemate” in the process to resume trade talks despite the expiry of their phase-one trade deal last week, with no clear indication from either Beijing or Washington of when the silence will be broken. A long-awaited new round of talks between China’s chief trade negotiator, Vice-Premier Liu He, and US Trade Representative Katherine Tai and US Treasury Secretary Janet Yellen has yet to happen. Liu last met Tai and Yellen via separate video calls in October before the high-profile talk between Xi Jinping and US counterpart Joe Biden in mid-November. “Now [China...
