China to "significantly" boost imports from U.S., no target specified

China will "significantly" increase purchases of U.S. goods and services in an effort to reduce the United States' massive trade deficit, the two governments said Saturday.A joint statement issued after two-day bilateral trade talks through Friday in Washington, however, did not touch on the U.S. demand that China narrow America's goods trade deficit with it by at least $200 billion by the end of 2020.Beijing also pledged to strengthen intellectual property protections. But the two sides said they will "continue to engage at high levels" and "seek to resolve their economic and trade concern…READ FULL ARTICLE