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Wang did not mention this timeframe, though Chinese state media has. Vice Commerce Minister Wang Shouwen told reporters that China and the United States would step up talks to remove the existing 25 percent tariffs (on some other products), but gave no timeframe. Negotiators will actually have fewer than 90 days to reach a deal because of holidays in the two countries over the next three months, the Chinese ambassador to the United States, Cui Tiankai, told reporters on Monday tiffany infinity cufflinks uk online. The White House said China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other products from the United States. It also said China has agreed to start purchasing agricultural products from U.S. farmers immediately..
China has made no direct mention of specific goods they will start to buy nor given any timeframe for when they may start. China offered more than $1.2 trillion in additional commitments on trade at the Xi-Trump dinner, Treasury Secretary Steve Mnuchin said on Monday. White House economic advisor Larry Kudlow said the figure was a broad benchmark that would depend on private transactions for U.S. goods and was subject to market conditions tiffany infinity cufflinks uk online. China committed to start lifting tariffs and non-tariff barriers immediately, including reducing its 40 percent tariffs on autos, Kudlow said. On Sunday, Trump tweeted that China had agreed to cut import levies on American-made cars..
BEIJING (Reuters) – The aviation leasing arm of China Development Bank said it will finance eight Airbus (AIR.PA) A330 purchases for airlines affiliated to debt-laden HNA Group and that the jets will be delivered by the end of 2018. Hainan Airlines (600221.SS) and Lucky Air Co have agreed to assign the right to purchase and take delivery of the eight new Airbus A330–300 aircraft to China Development Bank Financial Leasing Co, the financier said in a corporate filing tiffany infinity cufflinks uk online. It added that this was in accordance with the original purchase contract between the airlines and Airbus..
The European planemaker had suspended deliveries to HNA-affiliated companies after they delayed payments earlier this year. According to sources, deliveries of over a dozen planes have been hit by HNA-related funding shortages tiffany infinity cufflinks uk online. Reuters reported last week that China Development Bank (CDB), HNA’s biggest creditor, was expected to be involved in financing deliveries of up to 8 of the planes. Airbus declined to comment on Tuesday whether these were the eight planes that CDB’s aviation leasing arm had agreed to finance, saying that talks and contractual terms with customers are confidential, but added that deliveries were ongoing..
HNA did not immediately respond to Reuters questions. The Chinese aviation-to-finance conglomerate has attracted much scrutiny for its $50 billion worth of deals in recent years that included hotels in the United States and left it the largest shareholder in Deutsche Bank (DBKGn.DE). Faced with soaring debts and China’s crackdown on aggressive dealmaking firms, HNA has been pushing ahead with a series of asset sales that have so far included real estate and stakes in hotel groups, but has said that it will hold onto its core airline business tiffany infinity cufflinks uk online.