Coming Sino-US trade talks muster cautious optimism

Analysts in Washington and beyond expressed cautious optimism about a fresh round of trade talks between China and the United States at the vice-ministerial level.

The new trade discussions, at the US's invitation, have been set for late August. They are to be led by Vice-Minister of Commerce Wang Shouwen and by the US Treasury's Undersecretary for International Affairs David Malpass.

The two sides haven't talked since early June.