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BEIJING – China hopes to obtain "positive results" in the resolution of the trade dispute with the United States at the G20 summit in Argentina, said Thursday the Ministry of Commerce, in the perspective of a meeting under surveillance between Chinese and American leaders.
US President Donald Trump and Chinese President Xi Jinping are scheduled to meet on the sidelines of the G20 summit in Buenos Aires on Saturday.
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Asked if China was seeking to prevent more US tariffs at the high stakes meeting, ministry spokesman Gao Feng said economic teams from both sides were in touch to a "consensus" reached by telephone this month. .
"I hope that the United States and China will be able to come together and work hard to get positive results at the meeting," Gao said, without giving details.
The United States this year received additional duties of 10-25% on Chinese goods worth $ 250 billion to punish what they call China's unfair trade practices, rights customs duty of 10% to increase to 25% next year.
A poll by Reuters on Wednesday showed that Chinese factories were struggling to grow for a second straight month in November, as domestic demand cooling and the threat of rising US tariffs stifle new orders.
"The Chinese side has repeatedly stressed that the essence of Sino-US economic and trade cooperation lies in mutual benefit and win-win," said Gao.
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