China open to trade talks with US

By The Manila Times |

Chinese Vice President Wang Qishan speaks during the Bloomberg New Economy Forum in Singapore on Tuesday. Photo: AFP

Chinese Vice President Wang Qishan called for bilateral talks to resolve China-US trade frictions, and warned of the dangers of surging populism and unilateralism on Tuesday at the New Economy Forum (NEF) 2018 in Singapore.

“China will stay calm and sober-minded and embrace greater openness. Both China and the US would love to see greater trade and cooperation. We are ready to discuss and work out solutions on trade acceptable to both sides,” Wang said at the forum, Bloomberg reported Tuesday. Bloomberg media group was the organizer of the NEF.

Today’s world faces many problems that require close cooperation between China and the US, Wang said, stressing that both sides will gain from working together and will lose from confrontation.

Wang denounced trade unilateralism and espoused the importance of settling any disputes through a rules-based system, Bloomberg reported.

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