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Investing.com -- Chinese Vice Premier He Lifeng held an "in-depth and constructive" video call with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer on Friday, according to China’s official Xinhua news agency.
During the call, both sides agreed to promote stable development of bilateral trade and economic relations. They also committed to "expand the list for cooperation and shorten the list of problems," Xinhua reported.
The officials "positively evaluated" the implementation of outcomes from earlier trade talks and discussed next steps in carrying out cooperation while addressing each other’s concerns.
This call follows an agreement between China and the United States to reduce tariffs and suspend some export restrictions for a year. That deal emerged from a meeting between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea in late October.
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