- Sputnik International
Asia
Find top stories and features from Asia and the Pacific region. Keep updated on major political stories and analyses from Asia and the Pacific. All you want to know about China, Japan, North and South Korea, India and Pakistan, Southeast Asia and Oceania.

China's Commerce Minister Calls Trade Talks With US 'Extremely Difficult'

© AP Photo / Andy WongIn this Sept. 16, 2018, photo, American flags are displayed together with Chinese flags on top of a trishaw in Beijing. The American Chamber of Commerce in China says Beijing will "dig its heels in" after U.S. tariff hikes and appealed for a negotiated end to their trade battle
In this Sept. 16, 2018, photo, American flags are displayed together with Chinese flags on top of a trishaw in Beijing. The American Chamber of Commerce in China says Beijing will dig its heels in after U.S. tariff hikes and appealed for a negotiated end to their trade battle - Sputnik International
Subscribe
BEIJING (Sputnik) - Trade consultations between China and the United States, de-escalating a trade conflict, were "extremely difficult" due to the large differences between the two countries, Chinese Commerce Minister Zhong Shan has stated.

"During the last 90 days, the sides held three rounds of talks at the high level. Chinese Vice Premier Liu He has recently visited the United States for the talks as the head of a Chinese delegation. The process of consultations was extremely difficult and time-consuming. Due to the difference in state systems, culture and the stages of development the two countries are very different", Zhong told reporters.

Chinese banknotes - Sputnik International
China's GDP Growth to Slow Down to 6-6.5% in 2019 from 6.6% in 2018
He added that Chinese and US working groups were continuing consultations as a lot of questions remained unresolved.

The statement comes after Chinese Foreign Minister Wang Yi said on 25 February the outcomes of the latest round trade consultations gave reason to hope Beijing and Washington would achieve stability in their bilateral relations.

READ MORE: US-China Trade Deal Must Allow Unilateral Enforcement by Washington — Lighthizer

US President Donald Trump tweeted after the talks that he would delay an increase in tariffs on $200 billion worth of Chinese goods that was originally set for 1 March. Trump also said he would be planning a summit with Chinese President Xi Jinping to conclude an agreement to end the trade standoff, "assuming both sides make additional progress".

The aircraft carrier USS Ronald Reagan (CVN 76), second from bottom, lead ship of the Ronald Reagan Carrier Strike Group, the guided-missile cruiser USS Antietam (CG 54), bottom, and the guided-missile destroyer USS Milius (DDG 69), left, conduct a photo exercise with the Japan Maritime Self-Defense Force (JMSDF) helicopter destroyer JS Kaga (DDH 184), second from top, and the JMSDF destroyers JS Inazuma (DD 105) and JS Suzutsuki (DD 117). The Ronald Reagan Carrier Strike Group is forward-deployed to the U.S. 7th Fleet area of operations in support of security and stability in the Indo-Pacific region. - Sputnik International
Asia
China Denounces US Freedom of Navigation Talk as ‘Pretext to Provocative Moves’
China and the United States have been engaged in a trade conflict since last June when Trump announced the United States would subject $50 billion worth of Chinese goods to 25 percent tariffs in a bid to fix the US-Chinese trade deficit. Since then, the two countries have exchanged several rounds of trade tariffs.

The seventh round of the China-US high-level trade consultations was held in Washington on 21-24 February.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала