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US and China include LNG in quest to form a wider trade partnership
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Report summary
The agreement supports President Trump’s election pledge to redress global trade imbalances and allows China to show its commitment to becoming an equal trade partner. The inclusion of LNG is encouraging for industry players on both sides of the Pacific. To date, US and Chinese companies have been wary of signing binding long-term contracts, concerned by potential political risks, but this announcement offers comfort for future deals.
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- China's long-term contracted LNG by source
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