From Bloomberg, April 16:
China wants to see a number of steps from President Donald Trump’s administration before it will agree to trade talks, including showing more respect by reining in disparaging remarks by members of his cabinet, according to a person familiar with the Chinese government’s thinking.
Other conditions include a more consistent US position and a willingness to address China’s concerns around American sanctions and Taiwan, said the person, who asked not to be identified to discuss internal thinking.
Beijing also wants the US to appoint a point person for talks who has the president’s support and can help prepare a deal that Trump and Chinese leader Xi Jinping can sign when they meet, the person said.
The fate of the global economy and financial markets hinges in large part on whether the US and China can find a way to avoid a protracted trade war. Trump has hit China with tariffs of 145% on most goods since taking office, prompting Beijing to retaliate and threatening to wipe out most trade between the world’s biggest economies.
The offshore yuan gained 0.2% against the dollar in the wake of the report. The Australian dollar, a China-proxy currency, also advanced 0.5%. S&P 500 Index futures pared losses to 0.4% from as much as 1.6% earlier in the session....
....MUCH MORE
Ooo, your kisses
Sweeter than honey
And guess what?
So is my moneyAll I want you to do for me
Is give it to me when you get home (re, re, re, re)
Yeah baby (re, re, re, re)
Whip it to me (respect, just a little bit)
When you get home, now (just a little bit)R-E-S-P-E-C-T
Find out what it means to me
R-E-S-P-E-C-T
Take care, TCB...