BEIJING AP – China plans to buy U.S. goods worth at least $16 billion when a senior leader visits Washington in May for talks on trade tensions, a business newspaper reported Monday.
The report came amid mounting U.S. pressure on China to rein in its soaring trade surplus. Washington has imposed new tariffs on imports of Chinese paper, and news reports Monday said it was preparing to file a World Trade Organization complaint over Beijing’s failure to stop rampant product piracy.