Value of U.S.-China deal hinges on enforcement mechanisms
The value of a deal the U.S. and China could reach in the coming weeks will depend largely on the enforcement mechanisms China will be willing to agree to, analysts and industry sources said. A delegation of U.S. officials led by Deputy U.S. Trade Representative Jeffrey Gerrish was in Beijing this week to discuss trade issues with Chinese counterparts. The talks were initially scheduled to take place on Monday and Tuesday, but wrapped up on Wednesday, an extension the Chinese...