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US-China trade deal to benefit global economy: China
US-China trade deal to benefit global economy: China

Beijing, Oct 15 (TIWN) The trade deal between China and the US will not only benefit the two countries but also the global economy, China's Foreign Ministry Spokesperson Geng Shuang said on Tuesday.

The unwritten agreement, announced on Friday after high-level talks between the two superpowers, has so far been described only in vague terms, and is expected to come in phases. And Trump will need a better one if he hopes to use it to boost his reelection odds, according to Republican and Democratic strategists.  “Trump won the big three (MI PA WI) by a grand total of 77,000 votes. It doesn’t take much of a shift to reverse that,” Larry Sabato, a leading elections analyst and director of the Center for Politics at the University of Virginia, said in an email, referring to Michigan, Pennsylvania and Wisconsin.  “As the old saying goes, you can’t eat hope. Only a real resolution of the trade war, not a sweet sounding press release, will matter,” Sabato said.

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