October 9, 2019 / 10:07 AM / 2 months ago

China open to partial trade deal despite tech blacklist: Bloomberg

FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo

(Reuters) - China is still open to agreeing a partial trade deal with the United States, Bloomberg reported on Wednesday, citing an official with direct knowledge of the talks, despite the recent blacklisting of Chinese technology firms.

The U.S. government widened its trade blacklist to include some of China’s top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.

Negotiators heading to Washington for talks are not optimistic about securing a broad agreement that would end the trade war between the two countries, Bloomberg reported.

Reporting by Rama Venkat in Bengaluru; Editing by Maju Samuel

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