Global Times editor -in -chief Hu Xijin posted on Twitter today (11th) that China will launch important measures to alleviate the negative impact of the US -China trade war. These measures will benefit some companies in China and the United States.
According to the report, China and the United States will conduct a new round of economic and trade negotiations in Washington in early October. The South China Morning Post has previously quoted sources that the members of the negotiation work group between China and the United States are discussing an agreement text based on the two parties.Draft for negotiations formulated.As part of the discussion, China proposed to purchase more American agricultural products that are the conditions for the United States to postpone a series of tariffs on China and relax the ban on Huawei.
According to reports, China can also provide more market access to better protection and reduce excess industrial capacity, but they are unwilling to compromise in subsidies, industrial policies and state -owned enterprise reform.
