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Free AccessMNI POLICY: China/US Talks In Oct, Constructive Call: MOFCOM
BEIJING (MNI) - China and the U.S. have agreed unanimously to work together
and create a constructive atmosphere for the 13th round of trade talks set for
early October in Washington, said Gao Feng, a Ministry of Commerce spokesman
Thursday, when asked if the U.S. will delay its planned tariff hikes on Oct 1.
According to Gao, the senior negotiators had very good phone call Thursday.
China's Vice Premier and top trade negotiator Liu He, senior U.S. Trade
Representative Robert Lighthizer and U.S. Secretary of the Treasury Steven
Mnuchin all spoke to confirm the meeting arrangements.
Gao also noted that China has no plan to withdraw the case it filed at the
WTO complaining over U.S. tariff hikes, adding that this is a move to defend
China's interest and the multilateral trading system.
A statement by the Ministry earlier Thursday said that the negotiators of
the two countries will meet in Washington in early October, with both sides
maintaining close communication and start serious consultation in mid-September
to be fully prepared for making substantive progress during the talks, the
statement said. China's Vice Premier and top trade negotiator Liu He spoke with
senior U.S. Trade Representative Robert Lighthizer and U.S. Secretary of the
Treasury Steven Mnuchin in a telephone call on this morning to confirm the
meeting arrangement.
--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$$$,M$Q$$$,MGQ$$$]
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.