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US and Chinese officials held their first face-to-face negotiations since a 90-day truce was declared in a trade war between Washington and Beijing, in the hope of ending a bruising confrontation between the world’s two largest economies.

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A U.S. government delegation will visit China next week for the first face-to-face talks since U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, agreed on a temporary truce in the trade war, Beijing said Friday.

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Factory conditions across some of Asia's most export-oriented economies slumped in December, hit by the US-China trade war and a fading technology boom.

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PRESIDENT Trump’s programme of tariffs on Chinese products and retaliatory measures by Beijing have cost the US and China nearly $6billion in 2018, according to a dramatic new study.

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China's factory activity shrunk slightly in December, marking the first time in two years the country's economic barometer did not expand, Reuters reported Monday.

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In the run-up to Christmas, Tao Xin and his team of 200 salespeople in the eastern Chinese city of Yiwu work long hours dispatching the make-up and accessories they sell on Amazon and US ecommerce site Wish. 

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China’s soybean imports from the United States plunged to zero in November, marking the first time since the trade war between the world’s two largest economies started that China, the world’s largest soybean buyer, has imported no U.S. supplies.

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The US-China trade war is spooking potential investors in soyabean crushing plants planned for Wisconsin and New York state, developers said, casting doubt on the future of a sector that had been a rare bright spot in the US farm economy.

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China plans to make a third round of U.S. soybean purchases within days, two sources familiar with the matter said on Thursday, after a trade war truce between Washington and Beijing this month triggered two waves of buying.

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The United States and China reached a 90-day ceasefire in a trade dispute that has rattled financial markets and threatened world economic growth. The breakthrough came after a dinner meeting Saturday between President Donald Trump and Chinese leader Xi Jinping at the Group of 20 summit in Buenos Aires.

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