President Donald Trump said he agreed to allow Huawei to purchase U.S. products and China will buy 'large amounts' of American farm produce.
due to national security concerns. Trump's apparently softer stance on the Chinese tech giant was seen by some observers as a major concession that the U.S. has granted China.
"It is looking like, so far, China is coming out as a winner from this G-20," Francesco Filia, chief executive and chief investment officer at asset management firm Fasanara Capital, told CNBC's"It's not even clear what they gave up in order to get it," he said, noting there was a lack of details about what the two leaders agreed on at the meeting.
Back home, both the U.S. and China governments appeared to tread Trump's Huawei announcement with caution.
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