China's Xi says wants to work out 'phase one' trade deal with U.S. - Reuters

Economists give a warning that prolonged dispute between the world’s two largest economies is elevating risks to the global economy by disrupting supply chains, curtailing investment and curbing business confidence.

We want to work for a ‘phase one’ agreement on the basis of mutual respect and equality, Xi told representatives of an international forum, according to a pool report.

Xi was responding to questions from representatives of the New Economy Forum organized by Bloomberg LP at the Great Hall of the People in Beijing. 

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