“That is excellent news. It puts a floor under the deterioration in the relationship,” Craig Allen, president of the U.S.-China Business Council, told the paper.
USCBC in the News
“Until you have a document, you don’t really have an agreement,” said Craig Allen, president of the U.S.-China Business Council. He noted that it would be important to see in writing just what the Chinese agreed to in terms of increased purchases of American imports, including farm goods and possibly energy products. “What we don’t know is, is this an aspirational goal, is it a target or is it a contract?” he said.