China, U.S. Struggle to Set Meeting for Trade Talks

The transcript discusses the ongoing US-China trade talks, highlighting the initial hopes for agreements and the subsequent stalemate due to unmet demands from both sides. The US wanted China to agree to negotiation parameters, while China sought a commitment to halt tariffs. With no date set for further talks, both countries face internal pressures. China is preparing for a prolonged trade conflict, with potential new US tariffs in October and December. In response, China has shifted its strategy, focusing on long-term economic stability and filing complaints with the WTO.

What preparations is China making for a long drawn-out trade fight?

What measures is China considering to stabilize its economy amid trade tensions?