China will increase imports from U.S. according to 'market principles': official

FILE PHOTO: Chinese Vice Premier Liu He and U.S. President Donald Trump sign"phase one" of the U.S.-China trade agreement during a ceremony in the East Room of the White House in Washington, U.S., January 15, 2020. REUTERS/Kevin Lamarque

The United States has high quality supply in the fields of energy, manufactured goods, agricultural products, medical care and financial services, said Meng Wei, spokesperson for China’s National Development and Reform Commission , at a press conference on Sunday.

Market principles here are defined by Trump's team and enshrined in the trade agreement. China will have no say.

And therein lies the rub..lol This was not a trade deal but a way for China to avoid additional tariffs on its exports to the US and a dog & pony show for Trump that he could brand as a new trade deal . Nothing has substantively changed , bulk of initial tariffs remain in place

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The new US-China trade deal could help US payments firms enter China - Business InsiderThe agreement between the US and China should speed up Beijing's process for accepting US payments firms' applications to operate in China:
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