Froman Says China BIT Talks To Continue Into Fall; Experts Doubt 2016 Deal

Talks between the United States and China on their bilateral investment treaty will continue into the fall, according to U.S. Trade Representative Michael Froman, but experts see little chance of a deal being struck this year despite sustained engagement and Beijing submitting a second revised offer last week. “They may get closer, but I expect the task will be handed off to the next administration,” Scott Kennedy, a China expert at the Center for Strategic and International Studies, told Inside...