China,US sign phease one trade deal

Added On January 17, 2020

China and the U.S. have formally signed their phase-one economic and trade agreement.

Chinese Vice Premier Liu He and U.S. President Donald Trump inked the papers at the White House on Wednesday.
As China's chief trade negotiator, Liu said reaching the phase-one trade deal is good for China, the United States and the whole world.
He stressed that the agreement is in line with World Trade Organization rules.
He said it's not directed at nor will it affect the lawful rights and interests of any third party.
Liu said that China will work with the United States on the principle of equality and mutual respect to ensure good implementation of the phase-one trade deal.