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China shows willingness to move ahead on both services and IT tariffs

US-led negotiations to reduce tariffs on a range of electronic goods are set to resume within weeks, after China indicated it would shorten a list of products it had wanted excluded.

The move to restart the talks, which collapsed in July, came as Beijing also submitted a formal request to join negotiations to reach a separate agreement on regulating the $4tn annual global trade in services.

Together, the moves indicate a willingness by Beijing to join US-led negotiations outside the World Trade Organisation framework, launched in frustration with a lack of progress in the WTO.

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