News Update:- 27th May 2020
According to the recent china trade report that shows China has recurring its commitment to the trade agreement with the United States. The recent US and China trade war which caused right after COVID-19 despite aggressive rhetoric from Washington.
Furthermore, the official from china said that “We will work with the United States to implement the first stage of the economic and trade agreement between China and the United States,” Chinese Premier Li Keqiang.
While China also said that they are looking forward to enhancing economic and trade cooperation with other countries to achieve mutual benefits as the current situation is the best time to start new deals to better the economic crisis as the country decided to delete the annual GDP growth target.
Moreover, Kamraj Enterprises will also advise to all related companies to start the trading/export as the economy is going to better as countries are working on their transaction plans. Concerning the China Us trade deal, US President Donald Trump has said he is “very torn” about ending the first phase of the agreement while threatening to impose new customs duties on Chinese goods.
US Senators highlighted a bill requiring companies to demonstrate that they are “not owned or controlled by a foreign government.” The move could potentially prevent Chinese companies from listing on US exchanges.