US Treasury Secretary Scott Bessent said on Wednesday that Washington is ready to sign on to China’s proposal of a “bigger deal” on trade or extend last year’s Busan trade agreement, hours before Chinese President Xi Jinping was due to arrive for a state visit. Bessent made the remarks after an unscheduled meeting with Chinese Vice-Premier He Lifeng at the World Bank headquarters, following their earlier engagement on Sunday at JPMorgan’s offices in New York. “The Chinese on Sunday came up with...
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