Chinese Foreign Ministry spokesman Geng Shuang said at a regular press briefing that it received the invitation from the US for restarting trade talks. And the countries are now in discussion about the details. Geng said that “China has always held that an escalation of the trade conflict is not in anyone’s interests. In fact, from last month’s preliminary talks in Washington, the two sides’ trade talk teams have maintained various forms of contact, and held discussions on the concerns of each side.”
Ministry of Commerce spokesman Gao Feng also said the two side are discussing details for future talks. And, he added that trade escalation is not in interest of either country. But he also emphasized that trade deficit with US is due to its low saving and control on export to China. He hoped that US will not find excuses for trade protectionism and urged it to comply with WTO rules.
