U.S.-China Talks Yield Little Progress Amid Trade and Security Tensions
• Talks between U.S. and China conclude with no major breakthroughs, but agree to continue discussions on trade, investment and national security • Hopes for economic cooperation collide with harsh political reality of U.S. election year and high antipathy toward China • Chinese officials seem unmoved by Yellen's urges to scale back exports of green energy tech that could threaten American jobs • Despite warm welcome in Beijing, clear that trust level between two sides is still low • Most pressing issue that may divide them is how Biden administration will address concerns over Chinese exports of EVs, batteries and solar panels