After meetings in Beijing last week, Trump administration officials are holding talks with a Chinese delegation in Washington this week. Will U.S. and Chinese negotiators soon reach an end to the trade dispute? WSJ's Gerald F. Seib explains. Photo: GettyBEIJING—China sweetened an offer to open its cloud-computing sector to foreign companies, in a bid to forge a trade deal after U.S. negotiators rejected an earlier proposal as inadequate, said people briefed about the negotiations. In last week’s face-to-face talks in Washington, Chinese negotiators led by Vice Premier Liu He revised an earlier offer on cloud-computing access, proposing to issue more licenses that businesses need to operate data centers and to lift the 50% equity cap that limits ownership for certain foreign...
Source: Wall Street Journal April 11, 2019 09:56 UTC