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10/9, 10:24 PM (Source: TeleTrader)
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China lowers expectations for trade talks after blacklist - report

Beijing has lowered its expectations for this week's trade talks with the United States, media reported on Wednesday.

The drop in optimism reportedly comes after Washington's decision to blacklist Chinese companies, government officials told Reuters. While China wants to end the trade war, Beijing is no longer enthusiastic about the size or scope of any agreement with the US, they said.

Chinese officials have been critical of the US's sanctioning of its companies, stating they will take any necessary measures to protect Beijing's interests.

Breaking the News / MD