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Trump's $250 billion China 'miracle' adds gloss to off-kilter trade


By Matthew Miller and Adam JourdanBEIJING/SHANGHAI (Reuters) - President Donald Trump can return to the United States claiming to have snagged over $250 billion in deals from his maiden trip to Beijing. Whether those deals live up to the lofty price tag is another question altogether.Watched by Trump and China's President Xi Jinping at a signing ceremony in Beijing, U.S. planemaker Boeing Co, General Electric Co and chip giant Qualcomm Inc sealed lucrative multi-billion dollar deals."This is truly a miracle," China's Commerce Minister Zhong Shan said at a briefing in Beijing.The quarter of a ...

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First Published: Thu, November 09 2017. 11:43 IST