Chinese Vice Premier Liu He said after signing the trade deal that “cooperation is the only correct option, especially in this new era… We don’t think tariffs are a good solution. Both sides need to solve problems through negotiation.” “China and the U.S. will make positive impacts on the whole world.”
Liu also noted that the negotiations were “cultural talks, not just economics…or just trade” and “after two years of talks, we realize that this is a systematic process.” “We will use the results of the phase one deal to prove that our negotiations are working to improve the economy.”
On currency manipulation, he said “it is the correct choice for the U.S. to remove China from the currency manipulator list. A week after the U.S. labeled China as a currency manipulator, the IMF issued a report that China did not manipulate the exchange rate. The U.S. realized this fact, and we welcome the U.S. meeting China halfway on this.”
