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China agrees to import more from US, no sign of $200 billion figure

Updated : May 20, 2018 11:57 AM IST

During an initial round of talks earlier this month in Beijing, Washington demanded that China reduce its trade surplus by $200 billion - a figure most economists say is impossible to achieve because it would require a massive change in the composition of commerce between the two countries.
A report by China's state-run Xinhua news agency described the statement from the two governments as "vowing not to launch a trade war against each other."
China agrees to import more from US, no sign of $200 billion figure

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