6:04:05 PM PDT - Thursday, August 6th, 2020

China says trade deal good for all, media discourages 'nitpicking'  

By Editor - Thu Jan 16, 4:00 am

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Chinese state media on Thursday warned against any “nitpicking” as Beijing portrayed the Phase 1 trade deal with United States and its new commitments to massive purchases of American goods as a boon for China’s economy. In return for some tariff relief, China agreed to buy at least $200 billion in additional U.S. goods and services over two years, including $32 billion more in imports of U.S. farm products – targets some analysts say may be tough to meet. In the world’s most populous nation, coverage was tightly managed and the trade deal quickly dropped out of the top 10 trending topics on the Twitter-like Weibo platform.

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China says trade deal good for all, media discourages 'nitpicking'

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