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Chinese-U.S. commerce officials agree to press ahead with trade talks, Beijing says

China's government announced late Wednesday that it had reached an agreement with U.S. commerce officials to press ahead with trade and investment ties.

Driving the news: Commerce Secretary Gina Raimondo and her Chinese counterpart Wang Wentao "exchanged views frankly and pragmatically on relevant issues and mutual concerns," according to a Chinese Communist Party statement translated by Bloomberg.

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