U.S. to hold trade talks with China
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LONDON >> U.S. and Chinese officials said today that they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.
Chinese stocks rose on Wednesday, after the world’s two largest economies agreed to de-escalate trade tensions following a two-day meeting in London.
One expert said he expected loosened controls on U.S. exports of semiconductors in exchange for China's releasing of more rare earths.