Trump Backs Off Trade And ZTE Deals; US-DPRK Summit In Doubt; Congress Targets PRC Investments & Confucius Institutes; Australia Has Upset Beijing; More Support For Indigenous Chips; Central-Local Relations

Happy Wednesday, getting right to it today.

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The Essential Eight

1. Trump Backs Off Trade And ZTE Deals

Trump Denies Reaching Deal With China on ZTE - The New York Times:

“There is no deal. We will see what happens,” Mr. Trump said in response to reporters’ questions about ZTE during a meeting with President Moon Jae-in of South Korea. Mr…

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