China confirms trade deal with US

China confirmed today, June 27, details of a trade deal with the US, after reaching the London framework earlier this month, the Chinese Ministry of Foreign Affairs said in a statement.

Washington would lift "restrictive measures" while Beijing will "review and approve" items under export controls, AFP reported, citing the statement. "It is hoped that the United States and China will meet each other halfway," a spokesperson for the commerce ministry said in a statement.