U.S. Commerce Secretary Wilbur Ross told China there was a need for it to “guarantee fair and reciprocal treatment for U.S. firms”, during a visit to Beijing, where he tried to strike an upbeat tone amid trade tensions between the two countries.
Ross told Premier Li Keqiang on Monday that the United States hoped for “very good deliverables” when U.S. President Donald Trump visits China, likely in November.
In a statement on Tuesday, the U.S. Commerce Department said that Ross had also pressed China on the “need to rebalance bilateral trade and investment relations”, and urged it to take “meaningful action” on trade issues.
In the meantime, Xinhua reports that Chinese Premier Li Keqiang said Monday that shared interests far outweigh differences in economic and trade relations between China and the United States.
"As each other's largest trading partner, the main trend of China-U.S. economic and trade ties is cooperation," Li said while meeting with visiting U.S. Secretary of Commerce Wilbur Ross.
China will work with the United States in the spirit of mutual respect and win-win cooperation to expand cargo and service trade and resolve frictions and differences through dialogue and consultation, Li said.
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