US and Chinese companies sign contracts worth $9bn during Trump visit

US and Chinese companies have signed business deals the two sides say are valued at $9bn during a visit by American leader Donald Trump, in a move aimed at blunting criticism of Beijing’s trade practices.

No details have been released over the 19 agreements signed today at a ceremony attended by US commerce secretary Wilbur Ross.

US President Donald Trump with Chinese President Xi Jinping

Such contract signings are a fixture of visits by foreign leaders to Beijing and often involve agreements the Chinese side saved for the event to showcase the country’s importance as a market.

Mr Trump has made narrowing the multibillion-dollar US trade deficit with China a priority for his administration. He is due to hold talks with Chinese president Xi Jinping later.


Related Articles

Gas Networks Ireland secures €100m investment from EIB

UCD students apologise for alleged sexual comments about students on radio show

BULLETIN: Dwyer wins legal action over phone data; Kerry charity worker charged with human trafficking in Greece

Mystery bidder pays €3k for week in Daniel and Majella O'Donnell's Spanish villa

More in this Section

IFG targets strong growth and 'real value for shareholders in the medium term'

GDP booms ‘but household spending not so much’

Interest rate hike may be pushed back to 2020

Park Hotel in Kenmare generated record revenues in 2018 - John Brennan


Lifestyle

Vintage View: The world’s most iconic and influential mouse

Wish List: Classy place-setting to cute snowmen to get through the shortest days

First he conquered Broadway, now The Boss takes on Netflix

There are a few things Daniel O'Donnell doesn't like and cars with CD players is one of them

More From The Irish Examiner