China to buy billions in US goods
The Obama administration, trying to build ties with an economic rival, said Wednesday that China would buy $25 billion in US goods and had given final approval to a long-negotiated $19 billion deal for 200 Boeing planes.
The US has played a substantial role in China''s rise by not only providing a favourable security environment in the region but also contributing majorly in its economic growth by opening up American market for Chinese products, a senior official has said.