President Donald Trump said on Saturday he'd spoken at length with Chinese President Xi Jinping and that "big progress" is being made toward a deal between the world's largest economies
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00:00Hello and welcome to Gulf News Daily Business Wrap Up.
00:04Today we have some good news on the trade front.
00:06US President Donald Trump claims that they have made big progress in terms of talks with
00:12Chinese President and his team over the trade escalation that these countries had over the
00:19past few months.
00:20Donald Trump says that the agreement is very comprehensive and covers all areas of dispute
00:25between the two countries.
00:27Now the trade delegation from the US is expected to meet the Chinese counterpart from the week
00:33on January 7th.
00:34The government of Sharjah has made an enhanced offer to the struggling investment bank and
00:39the bank shareholders will put the deal on vote on January 8th.
00:44The previous plan, the government of Sharjah had plans to buy 50.09% stake in the investment
00:51bank.
00:52And for more you can log on to gulfnews.com slash business.