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WorldPosted at: Apr 9 2018 2:47PM


Hopes are high for China to announce market access reforms on Tuesday

Beijing, Apr 9 (UNI) Chinese President Xi Jinping has an opportunity this week to announce significant reforms that could de-escalate trade tensions with the world's largest economy, a CNBC report said on Monday.
The leader is due to deliver a speech at the Boao Forum for Asia, an annual summit that's been dubbed the "Asian Davos," on Tuesday and global markets will be watching for remarks on the Beijing's tit-for-tat tariff war with Washington.
It's hoped Xi will say something "specific enough and tangible enough to give us confidence that the market access reforms that have been on the table for some time are being pushed," said Myron Brilliant, executive vice president and head of international affairs at the U.S. Chamber of Commerce, a business-oriented lobbying group.
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