China says will strive to reach phase one trade deal with US

Flags of US and China are displayed at American International Chamber of Commerce's booth in Beijing. (File photo: Reuters)

China will strive to reach a “phase one” trade deal with the United States as both sides keep communication channels open, the spokesman at the Chinese commerce ministry told reporters on Thursday.

Completion of a phase one deal could slide into next year, trade experts and people close to the White House told Reuters previously, as Beijing presses for more extensive tariff rollbacks and the US administration counters with heightened demands of its own.

Last Update: Wednesday, 20 May 2020 KSA 10:01 - GMT 07:01