In the ongoing months of talks to settle trade disputes between the US and China comes according to information from insiders clearly movement. Washington and Beijing had begun sketching the outline of an agreement, people familiar with the matter said yesterday.
The two sides worked on memoranda of understanding on the key structural reforms the US demanded from China. These included intellectual property, services, technology transfer, agriculture and currency, among others.
The negotiators also prepared, according to the insiders, a list of measures that would reduce the People’s Republic’s trade surplus with the US. These would also see China buy agricultural products from the US
