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China, US agree to preliminary framework deal to cool down trade war (www.scmp.com)

submitted 3 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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China and the United States agreed on Sunday to a preliminary framework deal after two days of talks in Kuala Lumpur, signalling a de-escalation of tensions in the lead-up to a potential meeting between the presidents of the world’s two largest economies. The talks in the Malaysian capital, led by Vice-Premier He Lifeng and US Secretary of the Treasury Scott Bessent, came on the heels of a fresh surge of tensions in the volatile bilateral relationship and ahead of the November 10 expiration of a...

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