China, US finalise trade deal as Beijing confirms breakthrough in talks
China said on Friday that it would review and approve export applications for controlled items while the US would also remove some limits – confirming a breakthrough in trade talks centred on export controls.
Beijing and Washington have been in close communication since trade talks in London earlier this month, with the two sides further confirming details of the framework, China's Ministry of Commerce said on Friday afternoon.
'China will review and approve export applications for controlled items in line with laws and regulations, while the US side will correspondingly lift a series of restrictive measures against China,' according to a statement from the ministry.
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