China's Commerce Ministry, on proposed US-China board of trade and investment, says both sides agreed in Paris to study a framework

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China's Commerce Ministry, on proposed US-China board of trade and investment, says both sides agreed in Paris to study a framework

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Context

This announcement from China's Commerce Ministry regarding the US-China board of trade and investment signals a potential thaw in trade relations. The agreement to study a framework could open doors for future negotiations and reduce market concerns around tariffs and restrictions, which may support risk assets and impact currency valuations between the USD and other major currencies.

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