"China has agreed to buy more US goods and services, reducing the trade imbalance between the two countries and dampening fears of a looming trade war. An article published by Chinese state news agency Xinhua on Sunday declared the latest agreement as a "good example of win-win", adding it would help the US reduce its trade deficit and allow China to raise the quality of its imports. The trade statement from the two countries concluded: "Both sides agreed to encourage two-way investment and to strive to create a fair, level playing field for competition."
http://www.bbc.com/news/business-44187975 20 May 2018
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An article published by Chinese state news agency Xinhua on Sunday declared the latest agreement as a "good example of win-win", adding it would help the US reduce its trade deficit and allow China to raise the quality of its imports.
The trade statement from the two countries concluded: "Both sides agreed to encourage two-way investment and to strive to create a fair, level playing field for competition."
http://www.bbc.com/news/business-44187975
20 May 2018