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The Chinese government’s latest released economic figures bore more bad news, as Chinese Premier Li Keqiang made a speech acknowledging “significant difficulties” ahead for the economy.
Meanwhile, Beijing finally confirmed for the first time details of the U.S.–China trade deal announced by U.S. President Donald Trump last week.
Trade Deal
“What the U.S. side said is the real situation, and is consistent with what we know,” Geng Shuang, spokesman for China’s foreign ministry, said on Oct. 15 regarding the phase one trade deal.
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
