China Said to Offer Path to End U.S. Trade Imbalance
Offer might technically eliminate the trade deficit, but it wouldn't address underlying issues such as intellectual property or China’s government support of industry.
By Bloomberg News|January 18, 2019 at 05:58 PM
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China has offered to go on a six-year buying spree to ramp up imports from the U.S., in a move that would reconfigure the relationship between the world’s two largest economies, according to officials familiar with the negotiations.