China trade spat 'inspired by evil practices,' says Ross

US-China trade spat 'inspired by evil practices,' says Ross

UPDATE 2-Trump trade chief wants to open China, not change its economic system

Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee, will exchange views on China-U.S. economic and trade issues of common concern with the U.S. delegation.

USA officials are concerned about Beijing's "Made in China 2025" industrial policy which they see as a Chinese plan to dominate key high tech industries.

At stake are tariffs on billions of dollars of USA and Chinese goods, which, if imposed, could put a dent in humming global economic growth.

The Trump administration sought to temper expectations for a swift breakthrough on trade issues with China as a delegation of senior US officials prepares to visit Beijing this week.

China "will stand up to the U.S.' bullying as necessary.

President Trump is of the view it is now time for action", Ross said when asked whether a deal might come out of the trip.

President Donald Trump will have the final say on accepting any US agreement with China, Ross said, indicating he doesn't expect an announcement immediately from the meetings. "It is already in the process of opening them wider", the paper said.

"NEGOTIATIONS THE BEST WAY" Widely-read Chinese tabloid the Global Times, published by the ruling Communist Party's People's Daily, said it hoped the talks were the start of a resolution to the dispute.

A Chinese government official warned that Beijing will not negotiate on its core interests nor accept preconditions on any issues, including its "Made in China 2025" program to upgrade its domestic manufacturing base with more advanced products. The US tariffs could go into effect in June following the completion of a 60-day consultation period, but USTR has kept its activation plans vague.

China, which denies it coerces technology transfers, has threatened retaliation in equal measure, including tariffs on USA soybeans and aircraft.

"We've got a very good chance at making a deal", said Trump last week.

On March 23, Trump had imposed massive trade tariffs amounting to Dollars 60 billion on China, in an effort to stop the latter from stealing "intellectual property" from American companies.

But the divergent USA trade delegation is likely to have differing views on the merits of such an offer.

(U.S. Edition) U.S. officials, including Treasury Secretary Steven Mnuchin, are heading to China to work through trade problems.

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