China had agreed to expand its purchases of US agricultural
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China had agreed to expand its purchases of US agricultural

Views: 0     Author: Site Editor     Publish Time: 2022-01-26      Origin: Site

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Under the Phase One trade deal, China had agreed to expand its purchases of US agricultural and other products by $200 billion over 2020 and 2021 from 2017 levels.

US and Chinese economic and trade teams have maintained normal communication, and any new developments will be made public at the earliest time, he was quoted as saying by official Chinese media.

From January to November, bilateral trade between the world's two largest economies hit $682.32 billion, a year-on-year increase of 30.2 per cent, and China's exports to the US increased by 28.3 per cent year on year, while imports grew by 36.9 per cent, according to data released by Chinese customs.


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