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China Does Not Actively Pursue Trade Surplus With U.S. - MOFCOM

CHINA PRESS
MNI (BEIJING)

China does not seek to engineer a trade surplus with the US and views its trading relationship as determined by multiple factors such as different economic structures, the international division of labor, and U.S. export controls to China, according to a Ministry of Commerce (MOFCOM) spokesperson. China called on the U.S. to remove trade restrictions on China, which is beneficial to both sides. In recent years Beijing has imported a large number of agricultural products, automobiles, technology, energy and petrochemical products from the U.S. based on market demand. The spokesperson said forcing the sale of TikTok would undermine the confidence of foreign investors in the U.S. and should be opposed.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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