China to offer path to eliminate trade imbalance with the US - Bloomberg

Eren Sengezer FXStreet

According to Bloomberg, China wants to offer a path to eliminate the trade imbalance with the United States. China is reportedly planning to offer a 6-year import boost of over $1 trillion. On the other hand, trade negotiators are said to be sceptical of China's offer as they aim to have a faster reduction in the trade gap.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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