China’s US ambassador says trade deal is being implemented

 According to reporting from Reuters and the Global Times, China’s ambassador to the United States said that phase one of the Sino-US trade pact is being implemented.

In January 2020, the countries signed a tentative trade deal to halt the damaging tariff war. However, since that period, the coronavirus pandemic emerged, threatening a global economic depression.

Cui Tiankai said China was still buying US agricultural goods, and was lifting some curbs faced by foreign companies entering its financial market, the tabloid affiliated to the Beijing-controlled People's Daily newspaper said.

"We also hope that the economic teams of the two countries can sit together or hold video conferences to assess the changing situation and coordinate our response," it quoted Cui as saying.

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