China demands removal of all tarrifs

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Via Sinocism:

The relevant authorities released the Plenum decision Tuesday, so far there is no official English version, in my initial read I did not see anything surprising given what what came out last week. That may change with a closer read.

Sinocism readers will not be surprised by the news that China has made removing existing US tariffs a key point for reaching a phase one deal (see the October 24 newsletter “Fourth Plenum; China pushing for all tariffs to be removed before phase one deal?; Business environment”).

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.