US and Chinese negotiators are trying to resolve a long-running dispute between semiconductor rivals Micron Technology and Fujian Jinhua as part of a larger trade agreement between the world’s two largest economies, according to people briefed on the negotiations.
The people added that a resolution of the various charges and counter-charges involving Micron and Fujian Jinhua was one of a series of “confidence-building” measures the two sides want to include in a memorandum of understanding, which could pave the way for a final agreement to the continuing US-China trade war.
Vice Premier Liu He, China’s lead negotiator, and US trade representative Robert Lighthizer are due to wrap up their third round of face-to-face trade talks in almost as many weeks on Friday in Washington, after which Mr Liu will meet US President Donald Trump.