Emboldened China refuses to flinch on tariffs in US trade talks

Complete removal of levies remains sticking point for 'phase one' deal

20191105N China military parade REUTERS

The military parade marking the founding of the People's Republic of China helped give Beijing a confidence boost toward trade talks. © Reuters

TAISEI HOYAMA and ISSAKU HARADA, Nikkei staff writers

BANGKOK/SHANGHAI -- Beijing has doubled down on demands that may threaten to delay a preliminary trade agreement with the U.S. after a successful month of high-profile political events at home strengthened the leadership's resolve.

A military parade held Oct. 1 celebrating the 70th anniversary of the People's Republic ended without a hitch. The Communist Party of China last week wrapped up the fourth plenary session of the current Central Committee without incident.

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