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rdf:type	schema:NewsArticle
schema:articleBody	A trade deal signed Wednesday between Washington and Beijing has "considerably addressed the concerns" of both sides, said Chinese Vice Premier Liu He, as the world's two biggest economies marked a truce in the lingering trade impasse. Liu, who led negotiations for Beijing, added in a briefing with Chinese media that the freshly-inked "phase one" deal bears both economic and political significance, reported the official Xinhua news agency. The US and China signed the partial trade deal in Washington, with China agreeing to buy $200 billion more in US goods over two years. Washington promised to slash in half 15 percent tariffs on $120 billion of consumer products, with officials saying the reduction will take effect in 30 days, when the deal enters into force. The perennial US trade deficit with China has been a major source of anger for President Donald Trump, who has slapped tariffs on hundreds of billions of dollars worth of Chinese goods, triggering tit-for-tat responses from Beijing. On Wednesday, Liu said that China will also further deepen its domestic reforms, and open up more to the outside world. With China's full-year growth forecast due to be announced on Friday, Liu added that the country's gross domestic product is expected to come in above 6 percent for the full year of 2019 -- which would hit Beijing's target to keep annual growth between 6.0 and 6.5 percent. An AFP poll of economists at 14 institutions predicted that the world's second-largest economy is set to clock 6.1 percent GDP growth for the full year. January data also indicated a better-than-expected economic outlook, Liu said. bys/rox
schema:headline	China says US trade deal 'addresses concerns'
schema:mentions	Agence France-Presse Balance of trade 30 Days (TV series) University of Washington Gross domestic product China President of the United States Donald Trump Premier of the Republic of China Marquis of Haihun Perennial plant Xinhua News Agency Microsoft Outlook Government of China
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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