American negotiators locked in trade talks with China are likely to win more acc...
WASHINGTON - American negotiators locked in trade talks with China are likely to win more access to the country’s cloud computing market than initially expected, but Chinese commitments to curb industrial subsidies will probably fall short of U.S. demands, a U.S. Chamber of Commerce official said on Thursday.
“We expect greater market access opening than was initially provided by the Chinese in these negotiations, which was through a pilot zone,” Myron Brilliant, executive vice president and head of international affairs at the U.S. Chamber of Commerce, told reporters on a conference call. Chinese Vice Premier Liu He is due in Washington next week for another round of talks, which Brilliant said were in the “endgame.”
Brilliant said that curbing China’s massive subsidies for steel and a host of other industries is a priority for U.S. businesses, but the deal is unlikely to provide a major shift in Beijing’s practices in that area.
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