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Tuesday 22 Oct 2019 , 1:47 pm

Progress Made in Trade Talks with U.S. : Chinese Minister

China’s Vice Foreign Minister Le Yucheng claims that China and the US have progressed in their trade talks.
By SIN Bureau
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China and the U.S. have achieved some progress in their trade talks, said Vice Foreign Minister Le Yucheng on Tuesday, adding any problem could be resolved as long as both sides respected each other.

No country can prosper without working with other nations, said Lee at the Xiangshan Forum in Beijing.

The two countries have been working to resolve their trade dispute, with the U.S. announcing a “phase 1” deal with China on trade matters and suspending a scheduled tariff hike for October.

“As long as we respect each other and seek equal cooperation, there are no disagreements that cannot be resolved between China and the United States. What China wants is to deliver a better life for the Chinese people. We don’t want to take anything from anyone else. There’s no such thing as China replacing anyone or threatening anyone,” he said.

However, Le also warned that China would never trade away its core interests or allow other countries to undermine its security. “No one should expect China to swallow the bitter consequences of undermining its interests, whether on the land or at sea, whether it’s Taiwan, Hong Kong, Xinjiang or Tibet,” he said.

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Meeta develops credible content about various markets based on deep research, opinions from experts and inputs from industry leaders. As the managing editor at Smart Market News, she assures that every piece of news and article adds to the knowledge of decision makers. An avid bike rider, Meeta, is a postgraduate from Indian Institute of Journalism and New Media (IIJNM) Bangalore, where her specialization was Business Journalism. She carries experience from mainstream print media including The Times Group and Sakal Media Group.

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