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Author Topic: China Sends Trade Envoy to US  (Read 15873 times)

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Offline guruslodge

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China Sends Trade Envoy to US
« on: May 15, 2018, 12:58:45 AM »
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China said Monday it is sending an envoy to the United States this week for talks aimed at cooling a trade dispute that threatens to upend markets from soybeans to steel, and welcomed comments by President Donald Trump hinting at a possible easing of sanctions on embattled Chinese telecoms firm ZTE.

The foreign ministry said Vice Premier Liu He will visit the U.S. from Tuesday to Saturday for consultations with U.S. Treasury Secretary Steve Mnuchin.

Ministry spokesman Lu Kang also said China appreciated tweets by Trump saying he would help ZTE Corp. get "back into business" because too many jobs in China are at stake after the U.S. government cut off access to ZTE's American suppliers.

"We think highly of the U.S. statement regarding ZTE's case. We are currently in close communication over details of the implementation," Lu told reporters at a daily news briefing.

Referring to Liu's visit, Lu said China was willing to work with the U.S. to "strive for positive and constructive outcomes from the next round of economic and trade discussions."



 

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