Wheat prices have climbed year to date for reasons all their own

China's economy grew 6.1% last year, its lowest pace of growth in nearly 30 years, according to government data released on Friday.

Commodity traders and analysts are struggling to map out how China will reach the eye-popping amounts it is committing to buy from the United States under Phase 1 of their trade deal.

The U.S. and China signed what they billed as the first phase of a broader trade pact on Wednesday amid persistent questions over whether President Donald Trump’s efforts to rewrite the economic relationship with Beijing will ever go any further.

The Trump administration has invited at least 200 people to a Jan. 15 ceremony to witness the signing of the Phase 1 trade deal between the United States and China, but the two nations have not yet finalized what, exactly, will be signed, White House officials said on Friday.

A Chinese trade delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal, the South China Morning Post reported on Sunday citing a source briefed on the matter.

President Trump boosted hopes for peace in the U.S.-China trade war by announcing that a “Phase One” deal would be signed on January 15. Now both his supporters and his critics are anxious to see what the deal includes.

With the phase-one trade deal between the U.S. and China about to be signed, a key threat hanging over the global economy has diminished. After 18 months of wrangling about Chinese purchases of U.S. goods and opening of its markets, investors are hopeful that the current pause in the trade war will be maintained.

The first phase of a US-China trade agreement will be inked at the White House in the middle of this month, US President Donald Trump has announced, adding that he will visit Beijing at a later date to open another round of talks aimed at resolving other sticking points in the relationship.

Prospect of agreement lifts stock markets but experts question impact on long-running tensions