China puts a positive face on a first-step trade agreement that dials down a war it blames the U.S. for starting.
China put a positive face Saturday on a first-step trade agreement that dials down a trade war it blames the U.S. for starting.
“It at least stabilizes the situation and lays a foundation for the next round of trade talks or canceling additional tariffs in the future,” said Tu Xinquan, a professor at the University of International Business and Economics in Beijing. “I cannot predict what achievement can be made during the future talks.”
China portrayed the agreement as evidence of the opening up of its economy and the deepening of its economic reforms. Increased imports of high-quality products from the United States and elsewhere will “meet the growing needs of the people for a better life,” Wang Shouwen, a deputy commerce minister and trade negotiator, said in a statement.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China top diplomat says China-U.S. trade deal good news for allChina and the United States' 'phase one' trade agreement is good ...
Leer más »
U.S. and China reach partial trade deal
Leer más »
Jim Cramer: I almost hope China reneges on its trade promisesThe 'Mad Money' host lays out why he has a hardline stance on trade with China.
Leer más »
Asia stocks set to jump as investors await signing of phase one US-China trade dealShares in Asia were set to jump at the open on Friday after sources told CNBC Thursday that Washington and Beijing have agreed to a phase one trade deal in principle, pending U.S. President Donald Trump's approval.
Leer más »
Jim Cramer reveals a list of stocks worth buying on a US-China trade deal'Just remember, please, these are mostly short-term trades, not investments,' the 'Mad Money' host says.
Leer más »
U.S., China strike partial trade deal that cuts tariffsThe move will calm tensions that have roiled economic relations between the world&39;s two largest economies for nearly two years.
Leer más »