In May, Chinese President Xi Jinping asked U.S. President Donald Trump whether the countries could avoid destructive rivalry. Now, it seems, he thinks they can
The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.
Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic challenges.
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