China Seeks to Woo U.S. With Promise of Big Chip Purchases
Trade talks remain deadlocked as Beijing refuses to eliminate coerced technology transfers or government subsidies to Chinese companies
U.S. negotiators are heading to Beijing this week to continue trade talks as a March 1 deadline to reach a deal nears. Is an agreement to end the trade dispute on the horizon? WSJ's Gerald F. Seib explains. Photo: Getty
BEIJING—China is counting on promises of big purchases of U.S. semiconductors and other goods to ease trade tensions and persuade President Trump to extend a tariff truce and later resolve the market-rattling dispute directly with Chinese leader Xi Jinping.
During this week’s negotiations, which marked their fourth day Thursday, U.S. and Chinese officials have remained deadlocked on a number of issues underlying the current trade dispute, according to people with knowledge of the matter. These include Washington’s complaints...