The Chinese government has been optimistic about the odds at the beginning of the new round of talks in the US trade dispute. China hopes that good results will be achieved in the Beijing negotiations, a foreign ministry spokeswoman said today.
Initially, the talks started at a subordinate level. The US delegation was led by Deputy Trade Representative Jeffrey Gerrish. On Thursday and Friday then its boss Robert Lighthizer and US Treasury Secretary Steven Mnuchin push.
The US and China had recently agreed on a deadline for an agreement until the beginning of March.
On a partial aspect of this development a few weeks ago, the Deutschlandfunk drew attention. In China, about ten million people die every year, in many cities lack of space in the cemeteries. Liu Peng, head of one of the largest burial companies in Beijing, was quoted as saying, „In cities like Beijing or Shanghai, a tomb costs more than 100,000 yuan, nearly 13,000 euros. This is more expensive than a property on the square meter. “
„China has fallen into a trap“
„China has fallen into a trap: the low birth rate and the aging population will hinder economic development,“ economist Yi told the Global Times. In the northeastern provinces, the birth rate of 0.55 children per woman is the lowest in the world.
The fact that the world’s second largest economy grew so weakly in 2018 as it had for almost three decades is primarily due to the trade conflict with the US and the reluctance of Beijing to mitigate high public debt, financial risks and environmental damage. The demographic development, however, also plays in the year of the pig against China ..