Trade
China Vows to Import More Goods After Avoiding Early US Tariffs
- Vice premier says China doesn’t seek trade surplus in Davos
- Trump to investigate Beijing’s compliance with an earlier deal
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Chinese Vice Premier Ding Xuexiang said China will expand its imports, hours after US President Donald Trump left the economy out of countries he’s looking to hit with tariffs imminently.
“We don’t seek trade surplus. We want to import more competitive, quality products and services to promote balanced trade,” Ding said on Tuesday at the annual World Economic Forum in Davos, Switzerland, without naming any country.