China has offered to go on a six-year buying spree to ramp upimports from the U.S., in a move that would reconfigure therelationship between the world's two largest economies, accordingto officials familiar with the negotiations.

By increasing goods imports from the United States by a combinedvalue of more than US$1 trillion over that period, China would seekto reduce its trade surplus—which last year stood at $323billion—to zero by 2024, one of the people said. The officialsasked not to be named as the discussions aren't public.

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