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China-Japan-Koreas
China seeks framework for November deal with Trump
2018-10-23
[AsiaTimes] Beijing may be ready to trade short-term concessions and bide its time until it is far and away the world’s largest economy.

Ahead of a possible meeting next month between US President Donald Trump and his Chinese counterpart, Xi Jinping, the White House tempered any optimism that a trade truce with Beijing is imminent when top economic advisor Larry Kudlow accused China on Sunday of doing “nothing” to defuse trade tensions.

But some Chinese officials and government advisers recently emphasized that China will show patience in addressing American trade demands, postponing if necessary some of its plans to become self-sufficient in high-tech industry.
Posted by:3dc

#1  Raising per capita income from the present US$9,000 a year to mid-five figures over the next ten years or so is the country’s top priority

Easy enough. Reduce the capita.
Posted by: Skidmark   2018-10-23 01:24  

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