China will need time to assess the just-signed phase one trade agreement and other complicating factors before launching negotiations with the US for a phase two agreement. US officials, including Vice President Mike Pence, who claim the talks are already underway may be getting ahead of themselves, a government advisor and experts said on Thursday. Even if China agrees to begin negotiations for a phase two agreement, it will likely demand that the US roll back tariffs prior to talks, a prominent trade expert in China also suggested. "Given the complexity of the contentious issues that were left out, China may make ... (full story)