"China Walking Back Some Trade Offers"Apparently this has to do with issues around intellectual property rights.
The market's response speaks loudly to the importance of a workable trade deal.
Keep in mind, both sides know how critical to their short and long-term ambitions a legitimate trade deal is. At this juncture, we can, therefore, consider this to be little more than a bit of posturing on China's part.
We'll keep you posted...