China draws 'red lines' around its economic model ahead of EU, US trade talks

SINGAPORE/BEIJING — China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting a posture analysts see as demonstrating increasing confidence ahead of looming trade talks with Europe and the US.President Xi Jinping and US counterpart Donald Trump plan more face-to-face meetings this year, while Brussels has set an October deadline for Beijing to settle disputes...