US should scale back demands in new trade talks, analysts say

The United States has imposed some unacceptable demands on China, according to analysts, although the conciliation recently reached in Osaka conforms to market expectations.

And the US should scale back its conditions, as compromises from both sides are necessary during their renewed trade talks, they said. President Xi Jinping and his US counterpart, Donald Trump, agreed to restart trade negotiations based on equality and mutual respect during their meeting in Osaka, Japan, on June 29.

"Trump is asking China to make comprehensive changes to its State-led economic model. This is clearly unacceptable to China, as it would be to any country," said Alan Wheatley, an associate fellow in the Global Economy and Finance Department at Chatham House, an international affairs think tank in London.