U.S.-China trade deal ‘stalled because of Hong Kong legislation’: Axios

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FILE PHOTO: Chinese staff members adjust U.S. and Chinese flags before the opening session of trade negotiations between U.S. and Chinese trade representatives at the Diaoyutai State Guesthouse in Beijing, China February 14, 2019. Mark Schiefelbein/Pool via REUTERS

(Reuters) – A trade deal between United States and China was now “stalled because of Hong Kong legislation”, news website Axios reported on Sunday, citing a source close to U.S. President Donald Trump’s negotiating team.

The deal was stalled also because time was needed to allow Chinese President Xi Jinping’s domestic politics to calm, the report added, citing the unnamed source.

China’s Foreign Ministry said on Thursday that legislation signed by Trump on Wednesday backing protesters in Hong Kong was a serious interference in Chinese affairs.

Reporting by Rama Venkat in Bengaluru; Editing by Sam Holmes

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