China says the US has sought to begin trade talks, China says its thinking about it …

Bloomberg have the info on China considering trade talks.

• China Commerce Ministry says the US has taken the initiative to convey to China that the US is hoping to talk on trade

• China said to be conducting assessment on US trade negotiations
• Also wants the US to correct its tariff mistakes, says the US unilaterally initiated the tariff trade war
• China is urging the US to demonstrate sincerity if it wants trade talks
• China is evaluating possible US trade talks
• China says the door is open to trade talks with the US

China obviously acting coy, but at least this is some sign of tentative progress.

Or, perhaps not ….. more:

• In any possible dialogue, meeting, if US does not correct its ‘unilateral’ tariff measures, US has no sincerity at all
• US should show sincerity if it wants to talk

• US should be prepared to take action in correcting ‘erroneous’ practices, cancelling unilateral tariffs

This article was written by Eamonn Sheridan at www.forexlive.com.