U.S.-China Trade Talks Stumble on Beijing’s Spending at Home

BEIJING — One year ago, when he began a multibillion-dollar trade war with China that shook the global economy, President Trump demanded that Beijing end lavish government spending aimed at making the country a world power in computer chips, robotics, commercial aircraft and other industries of the future. Today, as the two sides struggle to reach a truce, the Trump administration is finding just how difficult that will be. Trade talks between the United States and China nearly ground to a halt this past week, and a seemingly intractable dispute…

Read More