US-China trade wars: Reports suggest countries set to cut Phase One deal soon
|China, US to cut phase one deal soon – Global Times
Global Times, a Chinese outlet, carries a story by a former Chinese Vice Minister of Commerce and Executive Deputy Director of the China Center for International Economic Exchanges, Wei Jianguo, as he says that he is confident and optimistic that China and the US can reach a phase one trade deal.
Key Quotes:
“If the bilateral trade talks make good headway and make progress quickly, the two sides can expect to reach a trade deal before the coming Chinese New Year at the end of January 2020.
The content of the trade deal will focus on a few major issues including intellectual property protection, financial opening, and agricultural product purchasing. But the most essential problem is to lift the tariffs. Read more…
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