Sources: Administration rejects bid by top Xi aide to restart economic dialogue

The Trump administration Thursday rejected an offer by a top economic aide to Chinese President Xi Jinping to liberalize China's financial services market and commit to large purchases of U.S. product in exchange for restarting the bilateral Comprehensive Economic Dialogue, sources told Inside U.S. Trade. That deal offered by Liu He, a member of China’s politburo and the director of the Office of the Central Leading Group for Financial and Economic Affairs, fell far short of administration demands for...