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"The US has unveiled a series of commercial deals with China, as the countries' presidents meet for talks in Washington.
The White House said on Wednesday that China had committed to buying $45bn worth of exports from the US, including a $19bn deal for 200 Boeing air planes.
The deals will support up to 235,000 jobs in 12 US states, according to the White House. In addition to the Boeing deal, China will also invest in US exports from agriculture, telecommunications and technology companies, including General Electric, Honeywell and Navistar.
Barack Obama, the US president, said the four-day visit by Hu Jintao, his Chinese counterpart, was laying the foundation for deeper prosperity between their two nations.
"With this visit we can lay the foundation for the next 30 years,'' Obama said at a grand arrival ceremony outside the White House on Wednesday."
Continue reading here.
The White House said on Wednesday that China had committed to buying $45bn worth of exports from the US, including a $19bn deal for 200 Boeing air planes.
The deals will support up to 235,000 jobs in 12 US states, according to the White House. In addition to the Boeing deal, China will also invest in US exports from agriculture, telecommunications and technology companies, including General Electric, Honeywell and Navistar.
Barack Obama, the US president, said the four-day visit by Hu Jintao, his Chinese counterpart, was laying the foundation for deeper prosperity between their two nations.
"With this visit we can lay the foundation for the next 30 years,'' Obama said at a grand arrival ceremony outside the White House on Wednesday."
Continue reading here.