China Delegation to Visit U.S. to Sign ‘Phase One’ Trade Pact

Vice Premier Liu He will travel to the U.S. next week to sign the first phase of a trade pact between the world’s two largest economies, China’s Commerce Ministry said on Thursday.

At Washington’s invitation, Liu will lead a delegation that will visit the U.S. from Jan. 13 to Jan. 15, Commerce Ministry Gao Feng said at a regular press briefing. He said the Chinese delegation would sign a first phase trade agreement with Washington that was previously reached in December, formalizing a truce in their trade war that has lasted for more than a year.