U.S.-China rivalry may solidify ‘like a hard concrete’ after latest meeting, says analyst

U.S.-China rivalry may solidify ‘like a hard concrete’ after latest meeting, says analyst

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The rivalry between the U.S. and China is likely to persist for some time after both countries set demands for each other that are “unreachable,” a political analyst told CNBC on Tuesday.

Comments by Scott Kennedy of Washington D.C.-based think tank Center for Strategic and International Studies came after officials from the two countries concluded high-level meetings in the Chinese city of Tianjin on Monday.

At the meetings, Chinese officials presented U.S. Deputy Secretary of State Wendy Sherman with two lists of demands and three “bottom lines.”