China and the United States reached an agreement that would help fend off talk of a decoupling between the world’s two largest economies, a top Chinese official said.
The countries signed an initial trade deal on Wednesday to put the brakes on their 18-month war of tariffs that roiled global markets and shook up supply chains.
Chinese Vice-Premier Liu He, speaking to reporters after a signing ceremony with US President Donald Trump, said the deal indicated that the two countries are deeply interconnected.
“I think it is very unrealistic. A few people without economic backgrounds are talking about decoupling between China and the US, but in reality it is impossible,” Liu was quoted as saying
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Jan 16, 2020