“There’s obviously an incentive for both sides to reach a deal,” James Athey, senior investment manager at Aberdeen Standard Investments, told CNBC. “The problem is that you’re now getting to the more difficult part of the negotiation, which is things like the IP (intellectual property) problem.”
President Donald Trump has been butting heads with Beijing over stolen intellectual property and trade secrets from American companies, notably those in the tech segment.
As both countries are a week away from an early march deadline to reach a trade deal, some warn that they may extend beyond the deadline.
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