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Katsuji Nakazawa — Xi Was Ready for a Deal With Trump, But the Party and the Politburo Overruled Him

Summary:
Worse than the headline. "Unequal treaties" is a hot button for all Chinese as being reminiscent of China's humiliation by Western "gunboat diplomacy." No way Xi can accede to US demands even if he wanted to without jeopardizing his position as leader. Trump was correct in claiming that China backtracked on previously negotiated points. Xi was told to forget it.Checkpoint AsiaXi Was Ready for a Deal With Trump, But the Party and the Politburo Overruled Him Katsuji Nakazawa See also Zero Hedge "We Will Beat America Out Of Its Wits": China Trade War Song Goes Viral Tyler Durden

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Worse than the headline. "Unequal treaties" is a hot button for all Chinese as being reminiscent of China's humiliation by Western "gunboat diplomacy." No way Xi can accede to US demands even if he wanted to without jeopardizing his position as leader.

Trump was correct in claiming that China backtracked on previously negotiated points. Xi was told to forget it.

Checkpoint Asia
Xi Was Ready for a Deal With Trump, But the Party and the Politburo Overruled Him

Katsuji Nakazawa

See also

Zero Hedge
Tyler Durden


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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