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MNI (London)
By Wanxia Lin
     BEIJING (MNI) - Officials from both China and the U.S continue to work
constructively ahead of upcoming G20 Summit in Argentina, looking for an outcome
acceptable to both sides, Gao Feng, a spokesman for the Ministry of Commerce
said Thursday. 
     Feng gave no indications as to how much progress China and the U.S. have
made towards resolving the trade spat ahead of the much-anticipated meeting
between Chinese President Xi Jinping and his U.S. counterpart Donald Trump on
the summit sidelines.
     Instead of directly responding to President Trump's recent warning of again
raising tariffs, Gao said that the essence of Sino-U.S. economic and trade
cooperation was in seeking mutual benefits.
     Gao also called for the U.S. to take the same path as China and actively
seek to achieve positive outcomes from the Xi-Trump meeting.
     - WTO REFORM
     Without naming the U.S. directly, Gao said some countries have blocked the
appointment of members for the WTO's appeal system, threatening the normal
operation of the system and posing a risk to the multilateral trade system.
     China, the EU and most of the world's large economies outside the U.S. have
recently submitted two proposals to reform the WTO dispute settlement system.
The proposals aim to protect and promote the independence and impartiality of
the dispute settlement system, said Gao.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,M$U$$$,MI$$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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