China wants trade with US be based on equality
(VOVWORLD) - China is open to consultations and negotiations to resolve trade issues with the US, but such talks must be based on equality and sincerity, said Vice Minister of Commerce Wang Shouwen on Tuesday amid rising trade tensions between the US and China.
Chinese Vice Minister of Commerce Wang Shouwen (Photo: AFP/ VNA)
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Wang said that after four rounds of high-level trade talks, a great deal of consensus has been reached, but the US’s most recent move has made it difficult for talks to continue. A trade war is not in line with the interests of both sides, and putting an end to the war is the way out, Wang said, adding that as long as the two sides treat each other as equals, are sincere, and keep their commitments, they can resolve differences through consultations.