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4/18/2019, 9:30 AM (Source: TeleTrader)
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China says 'new progress' made on trade with US

China's Commerce Ministry revealed on Thursday that "new progress" has been achieved in negotiating the text of the trade agreement with the United States and stated that the two sides will remain " in close contract in various effective ways" as the negotiations near the conclusion. The ministry added, however, that there is still much to do before the deal can be finalized.

Yesterday, US President Donald Trump said that trade talks with China are "moving along nicely" with a deal coming "very shortly," without revealing specifics. A report emerged alleging that a potential summit between Trump and his Chinese counterpart Xi Jinping might take place in Japan in May.

Baha Breaking the News (BBN) / NI