Keyu Jin

The deal has to be realistic.

The phase one deal the last time wasn't realistic.

And China thinks, look, the U.S.

is going to use this as a leverage.

That's not possible.

This can't be seen as political concession.

The deal has to be seen as mutual commerce.

So where China can have room to negotiate is opening up things like services.

You know, American banks, American financial institutions have a lot of business to do in China.

They can buy a limited number of more goods.

They can discuss about transparency around rules and regulations on e-commerce, on data.

All of that is fine.

But don't confound economic issues with political issues.

Hong Kong-Taiwan is not part of the deal, by the way, in case anyone was wondering.

Trying to change China's state hybrid private sector model, don't go there.

Anything that challenges China's technology, security, that's not really part of the discussion.

I think that people have to be clear about also what China thinks and wants, and also the Chinese have to be clear about what Trump wants, although I don't know anybody, even Trump himself knows exactly what he wants, in order for these very complex negotiations to actually succeed.

Don't mix the political issues with the trade deal.

Well, that's diplomacy.

We have an absence of diplomacy.