Fergie's Tech Blog

Chinese Business Leaders Agree to Buy $4.3 Billion in U.S. Technology

Michael Liedtke writes in The Washington Post:

A delegation of Chinese business leaders on Wednesday committed to buying $4.3 billion in U.S. technology, hoping to soften a political backlash to the massive trade imbalance dividing two of the world's economic powers.

The agreements were trumpeted at a ceremony staged two weeks before the scheduled start of government talks in Washington, where leaders will try to tackle the United States' $232 billion trade deficit with China and other prickly issues.

posted by Fergie @ 5/09/2007 09:41:00 PM