China Says Beijing Talks Lay Foundation for Trade Resolution

(Bloomberg) -- Negotiations between the U.S. and China in Beijing this week on trade were “extensive, in-depth and detailed,” and laid the foundation for the resolution of issues of mutual concern, the Ministry of Commerce said in a statement Thursday.

The two sides “implemented the consensus” reached by President Xi Jinping and President Donald Trump in earlier talks, and discussed both trade and structural issues in the meetings, which took place Jan. 7 to Jan. 9.

The two sides agreed to keep close contact, according to the statement.

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