The U.S. and China wrapped up their trade talks in Beijing.... and both sides have issued statements afterwards in regards to what came out of the talks.<br />Our Yoon Jung-min tells us more. <br />In a statement released on Thursday, China's Commerce Ministry said the country had concluded their trade talks with the U.S. and the talks were extensive,... while establishing a foundation to resolve both sides' concerns.<br /><br />Washington and Beijing have been holding the first face-to-face talks this week in Beijing to resolve the trade conflict since U.S. President Donald Trump and Chinese President Xi Jinping agreed on a 90-day trade war truce last December.<br /><br />The U.S. Trade Representative's office issued its own statement a day earlier,... and said China has pledged to purchase "a substantial amount" of agricultural, energy and manufactured goods and services from the U.S.<br /><br />It added the two countries discussed "ways to achieve fairness, reciprocity and balance in trade relations",... as well as issues related to intellectual property protection.<br /><br />It also said Washington and Beijing have discussed the need for the agreement "to provide for complete implementation, subject to on-going verification and effective enforcement."<br /><br />Amid high hopes that world's two large economies will reach an agreement in the trade talks, stocks in Europe saw large gains on Wednesday.<br />Yoon Jung-min, Arirang News. <br />
