US-China trade talks broke down as WH asks Beijing to curb hi-tech support

The dust-up suggests that the trade dispute won't be resolved quickly, despite Trump's optimistic tweets and Xi's conciliatory address to a regional economic forum Tuesday

Trade talks between the world’s biggest economies broke down last week after the Trump administration demanded that China curtail support for high-technology industries, a person familiar with the situation said, signaling that a resolution may be some ways off.

Liu He, a vice premier overseeing economics and finance, told a group of officials Thursday that Beijing had rejected a US request to stop subsidising industries related to its “Made in China 2025” initiative, the person said. The US has accused China of using the policy to force companies into transferring technology in areas like robotics, aerospace and artificial intelligence.

The US demands