BREAKING: 🇨🇳China, 🇺🇸U.S. agree on framework to implement leaders' consensus. This will stabilize and bring benefits to the two countries' trade relations. China & the U.S have agreed in principle on the framework for implementing the consensus reached by the two heads of state during their phone talks on... June 5 and at the 🇨🇭Geneva talks last month. 👇This is Li Chenggang, China's international trade representative and vice commerce minister, briefing the press after the first meeting of the China-U.S. economic and trade consultation mechanism in 🇬🇧London. He used the words "professional, rational, in-depth and candid" when describing Chinese & U.S. teams' discussions on economy and trade, which signals positive progress and outcomes of such a talk.show more

I stay skeptical when it comes to deals or frameworks with US, their reputation of unilaterally cancelling a deals is too common. For me is wait and see what happens. Hope for the best and prepare for the worst.

Agree.

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Code for allowing the USA to save face.

😂

do you trust the USians, though?

I trust that they cannot afford to lose more.

In other word, no deal

Good to know that China did not relax rare earth export restrictions in return for US insignificant compromises.

😁😁😁😁😁😁 Translation - ABSOLUTELY NOTHING CONCRETE WAS ACHIEVED BUT TRUMP WANTS TO BE SPARED THE HUMILIATION AND XI DECIDED TO BE BENEVOLENT

I give China a week before they go back on their promises.