China hopes Beijing and Washington will resolve their trade dispute 'with a...
BEIJING - China hopes Beijing and Washington will resolve their trade dispute “with a calm and rational attitude”, Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides.
Wang, who has been part of China’s negotiating team with the United States, told a news conference that Liu would go to Washington for the talks the week after China’s National Day holiday, which ends on Oct. 7. Sources told Reuters on Friday that the move would be part of a broader effort to limit U.S. investments into Chinese companies, in part because of growing security concerns about their activities.UNPRECEDENTED CHALLENGES
Earlier, Commerce Minister Zhong Shan told the news conference in Beijing that Chinese companies faced many difficulties due to the trade frictions which he said posed unprecedented trade challenges to the country. The Chinese government’s top diplomat said on Friday that tariffs and trade disputes could plunge the world into recession and Beijing was committed to resolving them in a “calm, rational and cooperative manner”.
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