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MNI Interview: NDRC Ning Says China to Buy US Chips on Demand

By Iris Ouyang
     BEIJING (MNI) - China will purchase semiconductors from the U.S. based on
market demand, Ning Jizhe, vice chairman of the National Development and Reform
Commission, told MNI in an interview Tuesday on the sideline of the National
People's Congress. 
     Ning was asked whether China has promised to boost purchases of U.S.
computer chips as part of the negotiations to persuade President Donald Trump to
resolve the trade war. 
     Chinese government advisors earlier told MNI that China will likely agree
to buying more U.S. goods including chips and soybeans to reduce the large
deficit recorded by the U.S., something Trump has regarded as a loss to China's
aggressive exports. 
     However, China has for years lobbied the U.S. to lift restrictions over
high-tech exports, in place for years for reasons including security and
protecting American technology leadership. 
     The two sides are seen closer to inking a deal to be signed by Presidents
Trump and Xi Jiping. China's chief negotiator and Vice Premier Liu He discussed
with his counterparts "crucial issues on the text" today, Xinhua News Agency
reported without elaborating.  
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
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