Trade talks with US planned for January: China

China's Commerce Ministry Spokesman, Gao Feng on Thursday confirmed that Beijing and Washington intended to conduct trade negotiations in January. 

He further said, the two sides working groups were in close contact. Gao added that the countries would hold meetings and arrange phone talks to implement the agreements reached by the two countries leaders.

On December 18, US Treasury Secretary Steven



Mnuchin said that the United States and China would organize trade negotiations in January. According to Mnuchin, both sides are trying to deliver an agreement by March 1.

Earlier this month, US President Donald Trump and Chinese President Xi Jinping met on the sidelines of the G20 summit in Argentina where they agreed to call a truce in their escalating trade war.