High-level delegations from China and the U.S. reconvened in Madrid on Monday for a critical second day of trade negotiations, with both sides seeking common ground amid lingering economic tensions. CGTN correspondents reported active discussions focused on market access, technology regulations, and tariff reductions, though neither delegation has yet disclosed specific agreements.
Why Madrid?
Analysts suggest Spain’s neutral diplomatic stance and growing economic ties with Asian markets made it an ideal mediator. “Madrid offers a symbolic reset opportunity,” noted reporter Li Jianhua, highlighting Spain’s recent infrastructure partnerships with the Chinese mainland.
Historical Context
Previous meetings in Geneva and Singapore laid groundwork for agricultural trade frameworks, but disputes over semiconductor exports remain unresolved. Observers note this round’s emphasis on supply chain stability—a priority for global investors amid regional uncertainties.
What’s Next?
While no formal deadline exists, both nations face domestic pressures to ease trade barriers. Business leaders anticipate incremental progress, particularly in green energy and AI sectors. Further updates are expected as talks continue through Wednesday.
