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U.S., China Pledge Joint Fiscal Effort in Global Crisis

BEIJING -- The U.S. and China pledged to support financial markets, trade and investment in both countries, as the strains of the global financial crisis push two of the world's main economic drivers to work more together despite their differences.

As they wrapped up two days of talks, the countries said their export-import banks will together provide an additional $20 billion in trade financing, aimed at easing the credit-market squeeze that has made it harder to buy and sell goods across borders. China pledged to ease financing...