BEIJING: (Apr 16) China on Wednesday appointed a new top international negotiator after US President Donald Trump said the ball is in Beijing’s court to work out a deal to end the tariff deadlock even as he increased tariffs on Chinese exports to a whopping 245 per cent.
The Chinese Commerce Ministry has appointed Li Chenggang as its new international trade representative replacing Wang Shouwen, who participated in negotiations in the 2020 trade deal between the world’s two largest economies, according to an official statement here.
Analysts said the appointment of Li, who was previously China’s Ambassador at World Trade Organisation (WTO), is seen as an indication by China to initiate dialogue with the Trump administration to discuss the massive escalation of tariffs by the US. PTI
