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

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