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China welcomes US deal, says 'core concerns' must be met

Jan 16, 2020 - Associated Press

BEIJING (AP) - China's government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other's "core concerns."

The "Phase 1" agreement shows Beijing and Washington "can find appropriate and effective solutions to relevant issues through dialogue," said a foreign ministry spokesman, Geng Shuang.

China agreed to increase purchases of U.S. exports by $200 billion over two years and to stop pressuring companies to hand over technology. Wash...