The disclosure of the deals on Thursday evening — which included an announcement that the United States would be represented at a forum in Beijing devoted to President Xi Jinping’s ambitious “One Belt, One Road” international investment initiative — suggests that the Trump administration is trying to smooth relations with Beijing despite President Trump’s harsh anti-China language on the campaign trail.
Under the newly announced deals, China set a deadline for fulfilling its promises to allow American beef and said it would speed up consideration of pending American applications to offer bioengineered seeds in China. It will also allow foreign-owned firms to provide credit-rating services in China, publish guidelines to let American firms offer electronic payment services there, and issue licenses to two American financial institutions to underwrite bonds.
The United States, in turn, said that Matthew Pottinger, a National Security Council official who plays a central role in White House policy making on Asia, would travel to Beijing with one or more Commerce Department officials for the forum this weekend. Sending a delegation recognizes the importance of Mr. Xi’s signature foreign policy to build China’s economic, financial and political ties across Asia, the Mideast, Eastern Europe and East Africa.