China upbeat on resumption of trade talks with U.S., says both sides seek ‘common ground’

 

Reuters

via The Globe and Mail (CAN) - 6/2/2021

 

China hailed on Thursday the resumption of “normal discussions” with the United States on the trade and economic fronts, apparently keen to move beyond a trade war as it said both sides aimed to resolve issues pragmatically.

 

China’s Vice Premier Liu He, who has led trade negotiations with the United States, has held two video calls with U.S. Trade Representative Katherine Tai and Treasury Secretary Janet Yellen in a week, marking the first formal engagement between the two sides on trade and economic issues under the Biden administration.

 

Both calls lasted about 50 minutes, commerce ministry spokesman Gao Feng told a regular news conference, adding that conversations started smoothly and Sino-U.S. trade, macroeconomic situations and domestic policies were among the topics.

 

The discussions aimed at solving various issues come after a period of strained relations between the world’s two biggest economies, including a nearly two-year tit-for-tat trade war...

 

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