Top Chinese and U.S. officials will resume trade talks in accordance with the wi...
BEIJING - Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United States will create the necessary conditions for dialogue, the Chinese commerce ministry said on Thursday.
“The heads of the two trade teams will communicate, according to instructions passed down from the two presidents,” Chinese commerce ministry spokesman Gao Feng told reporters, without elaborating. The prospect of a de-escalation in the dispute has helped cheer financial markets weighed by threats of more tariff measures and countermeasures and strident rhetoric from both countries.
The upcoming trade talks between Xi and Trump are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chinese state media said on Thursday. China has managed to get the United States back to the table with its determination and ability to “prepare for war”, Taoran Notes, a widely read and influential WeChat account run by the Economic Daily, wrote late on Wednesday.
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