US ‘not sincere’ about wanting more trade talks with China

The CMA CGM White Shark cargo ship prepares to dock at PortMiami as the United States and China continue their trade war on May 16, 2019 in Miami Beach, Florida. (AFP)
Updated 17 May 2019
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US ‘not sincere’ about wanting more trade talks with China

  • US Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to Beijing soon to continue negotiations with Chinese counterparts
  • China might as well stop the talks completely and return to “our normal work”ing routine

BEIJING: The United States is not sincere about wanting to resume trade talks with China and has damaged the atmosphere for negotiations with its recent moves, a state media social media account said.
US Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to Beijing soon to continue negotiations with Chinese counterparts as the world’s two biggest economies try to salvage talks aimed at ending their months-long trade war.
But China’s Commerce Ministry said on Thursday it had no information on any plans for a US trade delegation visit. China has also been infuriated by the Trump administration hitting Chinese telecoms giant Huawei Technologies Co. Ltd. with severe sanctions this week.
Without sincerity there was no point in coming for talks and nothing to talk about, Taoran Notes, a WeChat account run by the Economic Daily, said in a post late on Thursday that was re-posted by the ruling Communist Party’s official People’s Daily.
“The US side has been saying it wants to talk, and at the same time has kept up with its little tricks, damaging the atmosphere for talks,” it said.
“There can’t be seen any substantive negotiating sincerity from the United States. Conversely, methods of extreme pressure are spreading,” the post added.
“If the US side ignores the opinions of the Chinese people, I am afraid that it will no longer receive an effective response from China.”
The post noted that the United States is talking again about coming back to the negotiating table and about a meeting of the two countries’ leaders at the G20 Summit in Osaka next month, it said.
“From my perspective, if there is no new substantive action taken by the United States (to address Chinese concerns), then even if they come to talk it will be fruitless.”
China might as well stop the talks completely and return to “our normal working routine: countering with retaliatory measures while concentrating on taking care of our own business,” it added.


French drugmaker Sanofi, Google to use data tech for innovations

Updated 23 min 5 sec ago
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French drugmaker Sanofi, Google to use data tech for innovations

  • Sanofi and Google will use data sets to improve their understanding of key diseases and extract patients’ insights and feedback
  • The partnership will be “combining Sanofi’s biologic innovations and scientific data with Google’s industry-leading capabilities”

PARIS: French health care company Sanofi has teamed up with Google to work on innovations, aimed at using emerging data technologies to change how medicines and health services will be delivered in future.
Sanofi and Google will use data sets to improve their understanding of key diseases and extract patients’ insights and feedback, the companies said in a joint statement.
“Combining Sanofi’s biologic innovations and scientific data with Google’s industry-leading capabilities, from cloud computing to state-of-the-art artificial intelligence, we aspire to give people more control over their health and accelerate the discovery of new therapies,” said Ameet Nathwani, chief medical officer and executive vice president, Sanofi.
This would enable Sanofi to research and develop a more personalized approach to treatment and identify accompanying technologies to improve results, the statement said.