China says plans made for US trade talks in January

China's government says it has made arrangements for trade talks with US officials in January aimed at ending a dispute that threatens to depress global trade

BEIJING -- China's government said Thursday it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.

The two sides have "made specific arrangements for face-to-face meetings" and are talking by phone, said a Ministry of Commerce spokesman, Gao Feng. Gao gave no details.

Trump agreed to postpone tariff hikes on $200 billion of Chinese imports planned for Jan. 1. Beijing responded by announcing a delay in a 25 percent duty on imported U.S. vehicles.

Companies and investors worry the dispute might depress global trade at a time of rising anxiety about signs economic growth might be slowing.

The two sides are maintaining "close communication," said Gao.

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Chinese Ministry of Commerce (in Chinese): www.mofcom.gov.cn