Xi Jinping calls new US-China trade deal good news for global economy
The Chinese leader said the agreement benefits industries in both countries, according to Russian state news agency TASS.
Chinese President Xi Jinping described a newly reached trade agreement with the United States as positive news for the global economy.
Xi added that the deal is beneficial for industries in both China and the United States, framing the agreement as a mutually advantageous step for the two countries' economic relationship.
Limited details on the agreement
The specific terms of the trade deal referenced by Xi were not detailed in the available reporting, leaving the precise scope and provisions of the agreement unclear.
The comments come amid a broader period of high-level engagement between Washington and Beijing, including direct talks between Xi and US President Donald Trump.
Analysts and markets are likely to look for further details on the agreement's terms in the coming days as both governments provide additional information on its implementation.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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