China is awfully quiet amid reports it has agreed to phase one trade deal with the US in principle

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China is awfully quiet amid reports it has agreed to phase one trade deal with the US in principle
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China has been uncharacteristically quiet since news broke the U.S. had agreed to a phase one trade deal in principle with the Chinese.

Official Chinese state media has yet to comment on the U.S. agreeing to a a phase one trade deal.CNBC's Eunice Yoon learned through a source that China still has concerns regarding hard targets the U.S. is pushing for in terms of agricultural purchases.

Official Chinese state media has yet to comment on the news. Meanwhile, China's Foreign Ministry has only said that a U.S.-China trade deal must be mutually beneficial.learned through a source that China has concerns regarding hard targets the U.S. is pushing for in terms of agricultural purchases. China has committed to buying $40 billion in agricultural products. President Donald Trump, however, wanted a number closer to $50 billion.

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