Date
12 January 2020
Vice Premier Liu He will be in Washington Jan-13-15 to sign a trade deal, Beijing confirmed on Thursday. Photo: Bloomberg:
Vice Premier Liu He will be in Washington Jan-13-15 to sign a trade deal, Beijing confirmed on Thursday. Photo: Bloomberg:

China VP Liu to ink ‘Phase 1′ trade deal in Washington next week

China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-US trade talks, will sign a “Phase 1” deal in Washington next week, Reuters reports, citing the Chinese commerce ministry.

Liu will visit Washington during Jan. 13-15, Gao Feng, a ministry spokesman, was quoted as saying in Beijing on Thursday.

Negotiating teams from both sides remain in close communication on the particular arrangements of the signing, Gao told reporters at a regular briefing, according to the report.

US President Donald Trump said on Dec. 31 that the Phase 1 deal with China would be signed on Jan. 15 at the White House.

Trump said he will sign the deal with “high-level representatives of China”, and that he would later travel to Beijing to begin talks on the next phase.

The Phase 1 deal reached last month is expected to cut tariffs and boost Chinese purchases of US farm, energy and manufactured goods while addressing some disputes over intellectual property.

But no version of the text has been made public, and Chinese officials have yet to publicly commit to key points such as increasing imports of US goods and services by US$200 billion over two years, Reuters noted.

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