US wires report 'big divides' remain in US China trade talks

Well, d'uh

• Big divides remain as talks resume
• Beijing will fight US demands for deep structural changes
• China plans to offer to buy big increase in US farm and energy purchases, but only offer modest industrial policy reforms

DJ/WSJ citing unnamed sources.

China's delegation will be led by vice premier Liu He. PBOC Governor Yi Gang will be along for the trip also.

Wall Street Journal link (gated):

Big Divides Remain as U.S.-China Trade Talks Resume

• With U.S. tariff threat looming, China appears poised to let in more U.S. imports but not to make structural changes

Like I said last week, yeah China'll buy another ship load of soy beans but that's about it. Winning.