China 's Global Times quoted experts as saying that Beijing and Washington are very close to a partial trade deal.

"China is committed to continuing negotiations with the United States for a second, even third phase deal," the Global Times Twitter account today quoted sources close to the Chinese government as saying. rejected "negative" news reports about the first phase agreement between the two countries.

post

US President Donald Trump and Chinese President Xi Jinping at the G20 Summit in June in Osaka, Japan Photo: Reuters

The Global Times is a newspaper operated by People's Daily, the mouthpiece of the Chinese Communist Party.

The information was released by the Global Times just days after Fox News on November 22 published an interview with US President Donald Trump, confirming that the first US-China trade agreement was very close, but he was not in a real hurry. does it. Trump believes that Chinese President Xi Jinping is more eager to reach this deal than he is.

Washington and Beijing initially planned to sign a one-stage trade agreement on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Forum in Chile on November 16-17. However, the event was canceled due to the instability situation in Chile, making the future of the agreement become ambiguous.

Observers also expressed skepticism about the prospect of a phase-one agreement when last week's US Congress passed the Hong Kong Democratic and Human Rights bill, which has been heavily criticized by China. The Republican leader in the US Senate urged Trump to sign the bill, but the president has so far not confirmed he will do it.

The US-China trade war has erupted since 2018 and has been escalating with "tit-for-tat" taxes, rocking the financial market and potentially dragging global economic growth to its lowest level. since the financial crisis of 2007-2008.