US CHINA TRADE WAR – Face to face talks have been scheduled for January

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China and the United States have made plans for face-to-face consultations over trade in January, the Chinese commerce ministry said, as the world’s two biggest economies advanced efforts to resolve a months-long trade war.

U.S. and Chinese officials have spoken by phone in recent weeks, but a meeting next month would be the first in-person talks since U.S. President Donald Trump met his Chinese counterpart, Xi Jinping, in Buenos Aires on Dec. 1. Trump and Xi agreed to stop escalating tit-for-tat tariffs that have disrupted the flow of hundreds of billions of dollars of goods between the two nations.

China also unveiled the draft of a foreign investment law for public consultation.

In it, China has proposed a ban on forced technology transfer and illegal government “interference” in foreign business operations, practices that have come under the spotlight during the trade war.

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