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China's Xi says he wants to work out initial trade deal with U.S.

Source: reuters.com - Nov 22, 2019

BEIJING (Reuters) - China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is also not afraid to retaliate when necessary.

Economists warn that a prolonged trade dispute between the world’s two largest economies is elevating risks to the global economy by disrupting supply chains, curtailing investment and curbing business confidence.

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Category: General Business