China’s Foreign Ministry Refers Questions on ‘Bigger Deal’ Proposal to Competent Authorities

The spokesperson's deferral to 'competent authorities' rather than confirming or elaborating on the proposal leaves the substance of any broader economic agreement entirely unverified. That gap matters because it signals the public messaging channel is not where the details live, so market participants tracking US-China trade posture have little to work with beyond the original characterization. Whether Beijing's competent authorities provide further detail, and whether Washington responds with its own account, is the open question.