China's US Envoy Says Trade Deal Being Implemented
- April, 12, 2020 - 10:38
- Other Media news
TEHRAN (Tasnim) – China is still implementing the first phase of a Sino-US trade pact, its ambassador to the United States said, but hoped the two could work together to assess the changing situation and coordinate their response.
The world's two biggest economies signed the tentative deal to pause a damaging tariff war in January, before the coronavirus pandemic spread, threatening a global economic depression.
Cui Tiankai said China was still buying US agricultural products, and was lifting some curbs faced by foreign companies entering its financial market, the Global Times 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, Reuters reported.
The virus, which has infected 1.7 million people and killed 108,000 in 214 countries, is believed to have originated in China's central city of Wuhan late last year.