SIC News Beijing optimistic about talks with Washington

Chinese Vice Minister of Commerce Wang Shouwen will meet in Washington with US Secretary of State David Malpass.

But in an interview announced by AFP Monday by AFP, Trump said he did not expect much from the talks because he said he had no agenda for resolving the dispute over rates and pointing to a "long-term horizon."

"In China we continue to hope for good results" in the negotiations, said Lu Kan, a spokesman for the Ministry of Foreign Affairs, today. "China does not like to express itself before the start of the negotiations, we hope that the two parties can sit quietly, pragmatically and work hard to achieve good results on the basis of equality and trust," Lu emphasized during a press conference. . .

US Commerce Secretary Wilbur Ross had talks in June in Beijing with Chinese Vice Premier Liu He, but failed to reduce the tension.

After setting import duties on Chinese products worth $ 34 billion at the beginning of July, Washington is preparing to tax a series of other goods valued at $ 16 billion from August 23.

The Trump government accused China of "unfaithful" and "intellectual property theft" practices, which the Asian giant encourages and drastically lowers its trade surplus with the United States.

In response, in July, Beijing took $ 34 billion worth of imported US products, including pork and soybeans, with additional rates of $ 16 billion.

"I believe that China is certainly manipulating its currency" to resist rates, Trump told Reuters, repeating a charge he had filed several times. "The Chinese central bank has refuted every manipulation today and reaffirms that it does not change the yuan rate in a commercial" weapon ".


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