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'Substantial progress' to end trade war, Xi conveys Trump

09
Apr '19
‘New substantial progress’ has been made on the China-US economic agreement, generating optimism to end to the trade war between the two nations, Chinese President Xi Jinping recently said. Xi's remarks were part of a message conveyed to US President Donald Trump at the White House by Chinese vice premier Liu He, Beijing's lead negotiator on the trade war.

Liu met President Trump last week and conveyed Xi's message, according to global newswires.

The Chinese President said that new substantial progress has been made on the text of the China-US economic and trade agreement in the past more than one month.

Xi encouraged the two sides to keep up with the spirit of mutual respect, equality and mutual benefit, and resolve issues of mutual concern so as to conclude the negotiations on the agreement text as soon as possible.

Under the current situation, a healthy and stable development of China-US relations concerns the interests of both Chinese and American people, as well as the interests of people of other countries around the world, and it needs, in particular, their strategic leadership, Xi reportedly conveyed Trump.

Top US and Chinese trade officials have been holding a series of talks to end the trade war.

Trump is demanding China to reduce the $375 billion trade deficit and protection of intellectual property rights, technology transfer and more access for US goods to Chinese markets.

After meeting Trump, Liu said the teams have conducted fruitful consultations over the past two days and reached new consensus on important issues like the text of the economic and trade agreement. (DS)

Fibre2Fashion News Desk – India


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