Economics

Xi Zeroes In on Trump Trade Deal as China Acts to Steady Markets

PBOC enacts symbolic cut in bank liquidity costs on Tuesday
Chinese, U.S. officials seek to ease tensions amid negotiation

Xi: China to Focus on Imports, Further Lower Tariffs, Open Up Markets

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By Jeff Black and Charlie Zhu

November 5, 2019 at 7:59 AM UTC

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President Xi Jinping stressed China’s commitment to the global trading order as his trade negotiators wrangle with the U.S. over rolling back punitive tariffs ahead of a phase one deal.