Big trade update! China will now approve export applications for controlled items to the United States in accordance with the law. A spokesperson from China’s Ministry of Commerce confirmed this on Friday, noting that the move aligns with the consensus reached during the China-U.S. Economic and Trade Meeting in Geneva.
This decision is part of a reciprocal arrangement: the United States is expected to lift a series of restrictive measures that had been in place. The development marks a positive shift in trade relations, opening up fresh opportunities for global markets and investors alike.
Whether you’re a student, entrepreneur, or just a news enthusiast, this step signals potential for smoother trade dynamics ahead. Stay tuned for more updates as this story unfolds! 🚀🔥
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China to approve export applications for controlled items to U.S.
cgtn.com
