China announced on Thursday that it will halve tariffs on $75 billion worth of US imports, as the world's two largest economies continue to step back from a years-long trade war that has hurt both countries and dented global growth.
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Chinese President Xi Jinping said on Monday that the government would prevent large-scale layoffs resulting from the coronavirus outbreak, Chinese state television reported, as Xi appeared among the public for the first time since the epidemic erupted in January.
