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Trade war

Beijing plans 'Made in China 2025' revision as trade war expands

Diplomacy intensifies after Huawei executive is granted bail

The "Made in China 2025" initiative plans for the country to be a global leader in various high-tech fields, including robotics.   © Reuters

WASHINGTON/NEW YORK -- China is planning to replace its signature "Made in China 2025" initiative with a new program promising greater access for foreign companies, U.S. media reported Wednesday.

The less-aggressive version of the industrial plan probably will be rolled out early next year, when the U.S. and China accelerate negotiations during a 90-day period.

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