Beijing/Washington - China will open its market to US beef, and
Chinese cooked poultry will eventually be exported to the US, a
statement released by the US Department of the Treasury said Friday.
US natural gas exporters and payment companies will also gain broader
access to the Chinese market under the agreement, according to the
statement, which was distributed by the US Embassy in Beijing.
The agreement is part of a 100-day action plan established during
Chinese President Xi Jinping's meeting with US President Donald Trump
in Florida last month. The plan is meant to address trade imbalances
between the two countries.
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Throughout his election campaign last year, Trump repeatedly accused
China of unfair trade practices and vowed to reduce the
347-billion-dollar US trade deficit with China.
China banned US beef imports in 2003 after an outbreak of mad-cow
disease.