China is expected to purchase more U.S. agricultural products in hopes of a better trade agreement, according to a report out of Hong Kong.
The South China Morning Post reports working-level officials were discussing the text of a deal, which would be reviewed when trade officials meet in Washington next month. The text is based on details negotiated back in April after China backtracked on several previously agreed-upon issues.
China may also offer more market access and better intellectual property protection, according to a Chinese source familiar with the talks. A Chinese official told a group of U.S. business representatives on Tuesday that China wants a “mutually accepted solution to the trade dispute.”