MNI POLICY: China-U.S. Trade Talks to Return to D.C. Next Week

     BEIJING (MNI) - Chinese and U.S. trade negotiators will meet again in

Washington next week to resume talks after making important development in

Beijing this week, President Xi Jinping said Friday in a statement carried by

the official Xinhua News Agency.

     Xi urges officials from both sides to work towards reaching a win-win

agreement, according to Xinhua. 

     The two sides made new advancement in some important and difficult topics

after two-day in-depth discussions, U.S. Trade Representative Robert Lighthizer

and Treasury Secretary Steven Mnuchin said in the readout by Xinhua.

     The U.S. officials are hopeful about the outcome while acknowledging much

work to do, Lighthizer and Mnuchin said according to Xinhua.

     China is willing to adopt the cooperative approach to tackle economic and

trade conflicts and to facilitate reaching a deal acceptable to both sides, Xi

said, adding "cooperation should have principles."

     Xi said he is willing to keep contact with President Donald Trump "in any

means" as he values a good working relationship between the two leaders.

     Both sides expressed willingness to enhance communication, and work towards

reaching a trade deal beneficial to both, according to Xinhua.

--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com

--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com

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