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Meet Liu He the man who wants to stop the trade war
Posted on 8/8/18 at 8:02 pm
Posted on 8/8/18 at 8:02 pm
quote:LINK
Liu He has an unenviable task as China’s point man in trade talks with US – but he’s not leaving
Harvard-educated economist has already made two unsuccessful trips to Washington but will continue to lead the negotiations, source says
State media agencies ordered to avoid mentioning the industrial modernisation plan as US president makes it a focus of looming trade war
POLICIES & POLITICS
Beijing plays down ‘Made in China 2025’ as Trump escalates trade row
26 Jun 2018
European Commission Vice-President Jyrki Katainen gestures to Chinese Vice-Premier Liu He as they arrive for a joint press conference in Beijing on Monday. Photo: AFP
DIPLOMACY & DEFENCE
China, EU plan working group to revamp WTO and counter US unilateralism
Neal Kimberley says the US’ recent trade war moves against China indicate that it is more interested in protracted antagonism than finding solutions
As it tries to head off a trade war with the United States, China is dealing with a long list of officials who don’t always see eye to eye, including US President Donald Trump, his trade adviser Peter Navarro, Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross.
But no matter who is on the American side of the table, they are always sitting opposite Chinese Vice-Premier Liu He, a Harvard-educated economist and Beijing’s point man at the trade talks.
Exporters in China’s ‘world factory’ brace for impact of US tariffs
After two unsuccessful trips to Washington in the past five months, Liu remains central to the negotiations. And as tensions escalate between the world’s two biggest economies, few would disagree that Liu has been handed a poisoned chalice.
At this stage, there is little sign he will be able to prevent the first round of US tariffs on US$34 billion of Chinese imports from taking effect next week.
US$20 million circles off China, victim of trade war with US
But few doubt that Liu – who was once referred to by President Xi Jinping as “very important to me” – will have any trouble holding onto his job as China’s “economy tsar”.
The agency he heads – the General Office for the Central Financial and Economic Affairs Commission – is and will remain the sole body leading the talks, according to a source in Beijing with knowledge of the matter, who declined to be named because he is not authorised to speak publicly about it.
The powerful commission is directly headed by Xi, with Liu in charge of the general office that runs its daily operations.
Beijing tries to play down ‘Made in China 2025’ as Donald Trump escalates trade hostilities
“Liu He puts together the team for the trade talks, choosing members from different ministries, and he leads those talks,” the source said. “It’s a kind of institutional arrangement” that will not change no matter whether the talks go well or badly, the source said.
It is not the only tough task handed to the vice-premier in the past two months. He was China’s top representative to meet European Commission Vice-President Jyrki Katainen in Beijing on Monday, when the two sides agreed to set up a working group to revamp the World Trade Organisation to counter US unilateralism.
Last week, Liu joined Xi at a meeting of foreign business executives – including from UPS, Pfizer, Cargill, Prologis and Goldman Sachs – at which the president urged the multinationals to help fight “protectionism”.
Liu also recently took the helm of a working group under the State Council, China’s cabinet, intended to steer the growth of small and medium-sized businesses.
China talks tough but treads warily in tackling Donald Trump’s trade threats
But as the game of economic chicken gets closer to a critical point, observers and the media have flagged the idea of China sending in Vice-President Wang Qishan – the former top graft-buster known as the president’s trusted “firefighter” – to negotiate with the US.
One of Xi’s close allies, Wang is known for his connections among political and business elites in America that were forged when he was Beijing’s point man during trade talks a decade ago.
The source in Beijing dismissed the suggestion, however, saying there was no plan to send Wang for further talks.
Asked on Friday whether Wang could be heading to Washington, foreign ministry spokesman Geng Shuang said he “had no knowledge of the matter”.
After the first round of talks in Washington in March, Liu told lawmakers that the two sides had agreed “not to fight a trade war”.
But two weeks later, Trump signed an executive memorandum to impose retaliatory tariffs on up to US$60 billion of Chinese imports.
Liu again returned with good news after meeting Trump during a second trip to the US in May, saying Beijing and Washington had agreed on a truce.
A month later, Trump confirmed his plan to slap punitive tariffs on Chinese products that “contain industrially significant technologies”, imposing 25 per cent duties on US$50 billion worth of imports from China.
Exporters in China’s manufacturing heartland brace for impact of US tariffs
Economics professor Yuan Gangming from Tsinghua University said that although the negotiations had not been successful, it was not because of Liu.
“We’ve seen progress after each round of talks, but China cannot deal with Trump when he does not keep his word,” Yuan said.
“Liu has shown flexibility and a cooperative working style during the talks, which I think is the direction agreed on by China’s top leadership.”
The South China Morning Post is a good source of Asian news. It was once owned by Rupert Murdoch and is now owned by Jack Ma. It is published in Hong Kong.
This post was edited on 8/8/18 at 8:07 pm
Posted on 8/8/18 at 8:04 pm to I B Freeman
Why don't you just suck off the Chinese the president sucks off Russia why don't you?
Posted on 8/8/18 at 8:05 pm to I B Freeman
Man, you suck a copying and pasting.
Posted on 8/8/18 at 8:07 pm to GumboPot
That is hard to get all the stuff out of. It has a lot of pictures.
Read the link instead.
Read the link instead.
Posted on 8/8/18 at 8:07 pm to I B Freeman
Somebody make it stop. PLEASE
Posted on 8/8/18 at 8:10 pm to Schmelly
I know it is uncomfortable to read such things given your perception of and devotion to Trump.
Maybe he will make a break through. He will have to do it with Liu He who does in fact want less tariffs.
I wish he would take Ross off of the deal. He has WAY too many conflicts of interest.
Maybe he will make a break through. He will have to do it with Liu He who does in fact want less tariffs.
I wish he would take Ross off of the deal. He has WAY too many conflicts of interest.
Posted on 8/8/18 at 8:10 pm to I B Freeman
For the hundreth time, we are capable of Googling news articles if we want to read them.
This is a discussion board. Post a short article and YOUR thoughts on it so we can respond.
Right now all you're doing is spamming the board.
This is a discussion board. Post a short article and YOUR thoughts on it so we can respond.
Right now all you're doing is spamming the board.
Posted on 8/8/18 at 8:15 pm to BurningHeart
You are certainly capable of ignoring this thread too but you do not.
It would be nice if you were capable of offering some actual facts to add to whatever position you have but I see no evidence that you are capable of defending your position.
It would be nice if you were capable of offering some actual facts to add to whatever position you have but I see no evidence that you are capable of defending your position.
Posted on 8/8/18 at 8:15 pm to I B Freeman
Hey Liu
Maybe you can put a stop to Chinese companies that were built on fraud and theft of american intellectual property, trade secrets and corporate espionage.
Maybe you can put a stop to Chinese companies that were built on fraud and theft of american intellectual property, trade secrets and corporate espionage.
Posted on 8/8/18 at 8:17 pm to I B Freeman
That’s an interesting job he’s got and certainly under an immense amount of pressure.
Posted on 8/8/18 at 8:19 pm to I B Freeman
Did it mention he was Harvard educated?
Posted on 8/8/18 at 8:19 pm to I B Freeman
quote:
has already made two unsuccessful trips to Washington but will continue to
Sky miles whore
Posted on 8/8/18 at 8:26 pm to Feelthebarn
It did and he wants lower tariffs but I am sure he is asking for the end of certain US farm subsidies (rice, corn, soybeans) too and we know Trump will not do that. They do have a rather large agricultural industry contrary to the belief of some here.
Posted on 8/8/18 at 8:26 pm to I B Freeman
quote:
It would be nice if you were capable of offering some actual facts to add to whatever position you have
I'll add my facts and position once you add yours. Don't expect to just copy and paste articles to this board and expect everyone else to do the work of debating.
Posted on 8/8/18 at 8:26 pm to I B Freeman
So is China removing their tariffs?
Posted on 8/8/18 at 8:27 pm to I B Freeman
quote:How does one "head off" a trade war one side has already been conducting for decades?
As it tries to head off a trade war with the United States
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