China, US finalise trade deal as Beijing confirms breakthrough in talks

China said on Friday that it would review and approve export applications for controlled items while the US would also remove some limits – confirming a breakthrough in trade talks centred on export controls. Beijing and Washington have been in close communication since a two-day round of trade talks in London earlier this month, with the two sides further confirming details of the framework, China’s Ministry of Commerce said on Friday afternoon. “China will review and approve export...