China US trade war stopped, State media says

"Chinese vice premier says China, U.S. agree not to engage in trade war", China's state news agency Xinhua reports

China offers Trump package to slash U.S. trade deficit: officials

China offers Trump package to slash U.S. trade deficit: officials Source: Twitter: Donald Trump

Xinhua News Agency reported China and US joint statement.

It says "China will significantly increase its purchase of U.S. goods and service to meet the consumption needs of the Chinese people and propel the high-quality economic development of China, which also helps support the U.S. economic development and employment, according to the statement."

Also, "China will promote revision of related laws and regulations including the Patent Law, according to the statement."

"The two nations agreed to meaningfully increase the export of U.S. agriculture and energy products."

US president Donald Trump receives extensively support from agricultural and industrial states/

The statement doesn't mention the ZTE issue.

More analysis is coming soon.

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1 min read
Published 20 May 2018 2:56pm
Updated 20 May 2018 3:02pm
By Dong Xing


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