Tags: AS | China | Trump | Business | Deals

US, Chinese Companies Sign Contracts During Trump Visit

Wednesday, 08 November 2017 06:39 AM EST

BEIJING (AP) — U.S. and Chinese companies have signed business deals the two sides say are valued at $9 billion during a visit by President Donald Trump, in a tradition aimed at blunting criticism of Beijing's trade practices.

No details of the 19 agreements signed Wednesday at a ceremony attended by U.S. Commerce Secretary Wilbur Ross were immediately released. Such contract signings are a fixture of visits by foreign leaders to Beijing and often involve agreements the Chinese side saved for the event to showcase the country's importance as a market.

Trump has made narrowing the multibillion-dollar U.S. trade deficit with China a priority of his administration. He is due to hold talks with Chinese President Xi Jinping.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Asia
U.S. and Chinese companies have signed business deals the two sides say are valued at $9 billion during a visit by President Donald Trump, in a tradition aimed at blunting criticism of Beijing's trade practices.No details of the 19 agreements signed Wednesday at a ceremony...
AS,China,Trump,Business,Deals
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2017-39-08
Wednesday, 08 November 2017 06:39 AM
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