Future negotiations could take place against a more fragmented backdrop, as the superpowers vie for influence over third countries
“I think confirmation of another 90-day extension is probably the best we can hope for at this point,” said Nick Marro, principal economist for Asia and lead for global trade at the Economist Intelligence Unit.
“The fact that we haven’t seen any more substantive announcements after two days of negotiations suggests that the talks may have been a little bit difficult.”
Matteo Giovannini, a senior finance manager at the Industrial and Commercial Bank of China, said the outcome of the latest talks “underscores” how Beijing and Washington were “recalibrating” their strategies.
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