Hello and welcome to the details of China seeks trade peace with US as Trump returns to White House and now with the details
Nevin Al Sukari - Sana'a - File picture of US President Donald Trump meeting with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. China said Tuesday it hoped to cooperate with the United States to resolve trade issues, as Trump began his second term after threatening to impose biting tariffs on the Asian giant. — Reuters pic
BEIJING, Jan 21 — China said Tuesday it hoped to cooperate with the United States to resolve trade issues, as President Donald Trump began his second term after threatening to impose biting tariffs on the Asian giant.
Beijing is “willing to strengthen dialogue and communication with the United States, properly manage differences and expand mutually beneficial cooperation,” foreign ministry spokesman Guo Jiakun said in response to a question about potential new levies under Trump.
“It is hoped that the United States will work with China to jointly promote the stable, healthy and sustainable development of China-US economic and trade relations,” Guo said at a regular press briefing in Beijing.
He acknowledged “differences and frictions” between Beijing and Washington but said “the common interests and space for cooperation between the two countries are huge”.
“The two sides can strengthen dialogue and consultation in this regard,” he added.
China and the US are the world’s two largest economies but have had a tumultuous trade relationship in recent years.
Trump imposed tariffs on imports from China during his first term, citing alleged unfair practices by Beijing.
His successor Joe Biden kept up the pressure with sweeping rules aimed at restricting Chinese access to high-tech chips.
And Trump threatened to go even further during his election campaign, vowing even higher tariffs if he won another term in office.
China’s economy remains heavily reliant on exports to drive growth despite official efforts to raise domestic consumption.
Asked about the future of the Chinese-owned app TikTok — which has secured a 75-day grace period but may yet be effectively banned from operating in the United States — Guo said Beijing hoped Washington would provide a fair business environment for Chinese firms.
He also hit back at Trump’s order to reinstate Cuba on a list of state sponsors of terrorism, days after Biden removed the island nation from the register.
China and Cuba are longtime socialist allies, and Beijing has consistently opposed Washington’s decades-long economic blockade of Havana.
Guo said Cuba’s re-addition to the list “fully reveals the hegemonic, high-handed and bullying face of the United States”.
“Within a few days, Cuba was off the so-called list, then back on it, as if it were a trifling matter”, Guo said, adding that the move cast doubt on Washington’s “credibility”. — AFP
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