Bloomberg:
- China to `Significantly' Boost U.S. Purchases After Trade Talks. China will “significantly increase purchases” of U.S. goods and services, the White House said in a joint statement following talks aimed at resolving a trade dispute between the world’s two largest economies. Vice Premier Liu He, a special envoy of China’s President Xi Jinping, held talks in Washington on Thursday and Friday, termed “constructive consultations,” with U.S. officials including Treasury Secretary Steven Mnuchin, Secretary of Commerce Wilbur Ross and U.S. Trade Representative Robert Lighthizer. China agreed to “meaningful increases in U.S. agriculture and energy exports,” the White House said, adding that the U.S. will send a team to China to work out the details.
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