Beijing eases back on "Made in China 2025" amid trade talks with U.S.
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BEIJING (Reuters) - Beijing appears to be easing its push on its "Made in China 2025" industrial policy, which has long irked Washington amid talks between the world's two largest economies to de-escalate trade tensions. In new guidance to local governments, it has dropped references to "Made in China 2025", an initiative intended to help China catch up with global rivals in key economic areas and promoted hard since it was unveiled in 2015.The strategy is core to China's aim to transform itself..