What came out of the China-US trade talks in Stockholm?

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• 00:10

  Hello and welcome to World Today, I'm Zhao Ying.

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  Coming up, China and the US have wrapped up two days of trade talks in Stockholm.

• 00:19

  What are the key outcomes?

• 00:21

  The IMF has raised its economic growth forecast for China this year.

• 00:25

  What's driving this revision?

• 00:27

  China has unveiled childcare subsidies to boost its birthrate.

• 00:32

  How effective could the policy be?

• 00:37

  A senior Chinese trade official says China and the US have agreed to push for the extension of the pause regarding Washington's so-called 24% reciprocal tariffs as well as China's countermeasures.

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  China's Vice Commerce Minister Li Chenggang said the two sides held in-depth,

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  candid and constructive discussions in Stockholm.

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  Chinese Vice Premier He Li-feng led the talks,

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  with US Treasury Secretary Scott Benson and Trade Representative James Greer.

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  The vice premier caught for reducing misunderstanding, strengthening cooperation,

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  further deepening dialogue and consultations, and striving for more win-win outcomes.

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  The US team said a stable economic and trade relationship is a great significance to the economies of both countries and the world.

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  Vincent reiterated that Washington does not want to decouple with Beijing.

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  For more, we are joined by Liu Baocheng,

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  director of the Center for International Business Ethics at University of International Business and Economics.

• 01:37

  What is your main takeaway from the latest round of China-US trade talks in Stockholm?

• 01:42

  I think it turns out after the Geneva talk, London talk,

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