Hey everyone! Have you heard the big news? China and the United States are taking steps to become better trade friends! π
China’s Ministry of Commerce announced that they are looking at requests to export some special items to the U.S. This means they might start sending important things like airplane parts and computer chip designs! βοΈπ»
But that’s not all! The United States has also said they will remove some rules that made trading hard with China. This is like two friends deciding to share their toys again after a time-out. π
This all started after leaders from China and the U.S. talked in London and on the phone back in June. They agreed it was important to work together. π€
Some cool companies like Synopsys, Cadence, and Siemens make software that helps design computer chips. These chips are super important because they make our phones and video games work! Before, they couldn’t sell their software to China, but now they can! How exciting is that? πΉοΈπ±
This new friendship is great news for everyone because when big countries like China and the U.S. work together, it can lead to amazing new technologies and inventions! Who knows what awesome things we’ll see next? π
Let’s hope this is the start of a long and happy trade friendship between China and the U.S.! π
Reference(s):
China says U.S. notified it about lifting some restrictive measures
cgtn.com