The Global Times, China’s hawkish tabloid run by the ruling Communist Party’s official People’s Daily, said in a tweet that US and China are “very close” to the phase one trade deal. China “remains committed to continuing talks for a phase two or even a phase three deal”with US “on equal footing”.
Foreign ministry spokesman Geng Shuang also reiterated that China hopes to work with US on a basis of equality and mutual respect on the ongoing bilateral trade negotiations.
The comments came after Reuters reported that some Chinese and US officials believed the ambitious “phase two” trade deal is looking less likely as the two countries struggle to strike a preliminary agreement.
