US, Chinese firms sign $9bn in deals during Trump visit 11/8/2017 12:32:59 PM Bookmark and Share facebook Google+ ►Print US President Donald Trump plans to use the three-day trip to press Chinese President Xi Jinping on Chinas massive trade surplus with the United States US President Donald Trump plans to use the three-day trip to press Chinese President Xi Jinping on Chinas massive trade surplus with the United States Important News White House condemns missile attacks on Saudi Arabia by Yemen’s Houthis The Big Reveal: The Story of How 470,000 Documents from Osama Bin Laden's Compound Finally Got Into the Open Trump in China for talks on North Korea's 'cruel dictatorship' Related News Trump in China for talks on North Korea's 'cruel dictatorship' Trump to decide on North Korea terror list after Asia trip S. Korea 'in talks to buy nuclear submarine' from US: reports AFP, November 8, 2017- US and Chinese companies signed nearly 20 deals worth a total $9 billion on Wednesday at the start of President Donald Trump's state visit to Beijing. US Commerce Secretary Wilbur Ross and Chinese Vice Premier Wang Yang oversaw a signing ceremony at the Great Hall of the People but they did not immediately give details about the 19 deals. Wang said the agreements were merely a 'warmup' before Trump and Chinese President Xi Jinping oversee their own ceremony on Thursday involving bigger deals, including in exports of natural gas and soybeans. Trump plans to use the three-day trip to press Xi on China's massive trade surplus with the United States, which slightly fell in October to $26.6 billion, according to official Chinese data released on Wednesday. 'Addressing the imbalance in China trade has been the central focus of collaborative discussions between President Trump and President Xi,' Ross said. 'Achieving fair and reciprocal treatment for the companies is a shared objective,' he said. For his part, Wang said: Economic deals are 'an important ballast for the overall bilateral relationship', adding he believed they would contribute to its 'stabilization'. Tags: World news

US, Chinese firms sign $9bn in deals during Trump visit

11/8/2017 12:32:59 PM

 

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US President Donald Trump plans to use the three-day trip to press Chinese President Xi Jinping on Chinas massive trade surplus with the United States

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AFP, November 8, 2017- US and Chinese companies signed nearly 20 deals worth a total $9 billion on Wednesday at the start of President Donald Trump's state visit to Beijing.
US Commerce Secretary Wilbur Ross and Chinese Vice Premier Wang Yang oversaw a signing ceremony at the Great Hall of the People but they did not immediately give details about the 19 deals.
Wang said the agreements were merely a 'warmup' before Trump and Chinese President Xi Jinping oversee their own ceremony on Thursday involving bigger deals, including in exports of natural gas and soybeans.
Trump plans to use the three-day trip to press Xi on China's massive trade surplus with the United States, which slightly fell in October to $26.6 billion, according to official Chinese data released on Wednesday.
'Addressing the imbalance in China trade has been the central focus of collaborative discussions between President Trump and President Xi,' Ross said.
'Achieving fair and reciprocal treatment for the companies is a shared objective,' he said.
For his part, Wang said: Economic deals are 'an important ballast for the overall bilateral relationship', adding he believed they would contribute to its 'stabilization'.

Tags:World news