With the trial balloon outlining possible Chinese concessions on China 2025, think China's basic offer is now taking shape.
wsj.com/articles/china…
a) big purchases of soybeans, LNG and oil (that's an easy offer tho, as China has to import soy and energy no matter what)
b) A reduction in China's previously high tariffs on autos (25% to 15%) & additional tariff cuts on consumer goods
See, for example, Honeywell's avionics JV ...
usa.chinadaily.com.cn/a/201812/12/WS…
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