Trade talks must be held as equals and be mutually beneficial: China

Trade talks must be held as equals and be mutually beneficial: China

A top-level USA trade delegation is travelling to Beijing for talks on Thursday and Friday amid a festering dispute between the world's two largest economies.

U.S. Trade Representative Robert Lighthizer is "always hoping, but not always hopeful" about upcoming talks with China, he said on Tuesday.

China, which denies it coerces technology transfers, has threatened retaliation in equal measure, including tariffs on US soybeans and aircraft.

Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee, will exchange views on China-U.S. economic and trade issues of common concern with the U.S. delegation.

"The U.S. wants greater access to China's market, but it should not use trade actions as a battering ram to force China to open its doors".

The talks needed some give-and-take, the official China Daily said in a Wednesday editorial. "It is already in the process of opening them wider", the paper said.

Chinese state media expressed caution on Thursday ahead of key trade talks with senior US officials in Beijing, saying China will stand up to USA bullying if needed but that it was still better to hash things out around the negotiating table.

"If the USA delegation comes to China believing Beijing's resolve to open wider to the outside world is a matter of expediency under pressure from Washington, it will likely mean a lot of time is wasted setting the record straight".

The Trump administration has recently threatened to impose tariffs on up to $150 billion of Chinese imports, while China has vowed to retaliate against USA exports if Washington moves forward with the tariffs. "So, one way or another, we are going to deal with this recurring problem of trade with China", Ross told CNBC.

But Ross and Navarro, who spoke to steel company executives in Washington on Tuesday, both said any final decision would be made by U.S. President Donald Trump.

Consultation between China and the United States on economic and trade issues will be constructive as long as the USA delegation comes with sincerity, said a Chinese Foreign Ministry spokesperson Wednesday.

Related News:

  • Ronaldo rested for Leganes with an eye on Bayern

    Ronaldo rested for Leganes with an eye on Bayern

    Bale has been a long-term target for United, while there is also the slim possibility of a return to Tottenham for the Wales star. Borja Mayoral then sent the hosts into the break with a two-goal cushion, firing home from close range on the stroke of halftime.
    Turkey, Russia, Iran stress unity at Syria talks

    Turkey, Russia, Iran stress unity at Syria talks

    No casualties were reported in the attacks and Russian Federation was warned before the missiles were launced. He underlined the need to follow up on the Astana talks on Syria to settle the seven-year war.
    Waffle House: Information about Alabama woman's arrest 'strongly supports' police actions

    Waffle House: Information about Alabama woman's arrest 'strongly supports' police actions

    During the disturbing incident , which was caught on camera, Clemons was wrestled to the ground, which exposed her breasts. In the video, one officer is holding Clemons' right shoulder and wrist as she sits in a chair in the Waffle House.
  • Avengers wonder why 'Ant-Man and the Wasp' weren't in 'Infinity War'

    Avengers wonder why 'Ant-Man and the Wasp' weren't in 'Infinity War'

    However, the first teaser trailer for Ant-Man and the Wasp revealed that he won't be able to stay out of trouble for long. ANT-MAN AND THE WASP is released in cinemas on 5 July 2018 in Australia, and on 6 July 2018 in the USA , from Disney.
    Creativity, teamwork and much more - Hazard's superb semi-final

    Creativity, teamwork and much more - Hazard's superb semi-final

    Mourinho will surely be pressuring the Man United board to spend heavily in order to compete with their Manchester rivals. Mark Hughes men are 18th and are hoping to pick up some momentum heading into their final four games.

    How Evan Rachel Wood Feels About Getting Equal Pay On Westworld

    Aside from being arguably Westworld's biggest character, Evan Rachel Wood has also done a fair amount of work for HBO in the past. She explained: "I think I'm just now to the point where I'm getting paid the same as my male co-stars".
  • Kanye West's new song explains his Twitter rant

    Kanye West's new song explains his Twitter rant

    The People - released after Chance's tweet - has the rapper waxing: 'See that's the problem with this damn nation. To listen to the song you need to head on over to KanyeWest.com and click the embedded mp3 file on the homepage.
    We are on frontier of massive change, says Kanye

    We are on frontier of massive change, says Kanye

    The clips are from a 22-minute speech Adams made, entitled " Scott Adams tells you how Kanye showed the way to the Golden Age". Owens herself retweeted the tweet to her account, adding "please take a meeting with me".
    Sudarsan Pattnaik's Stunning Sand Art Has An Important Earth Day Message

    Sudarsan Pattnaik's Stunning Sand Art Has An Important Earth Day Message

    Take our quiz to find out and learn how you can help reduce the amount of plastic litter in our oceans. Events had been organised and people came out to reaffirm their service protecting the environment.
  • English criticism of Tottenham's Harry Kane, Dele Alli 'strange' - Pochettino

    English criticism of Tottenham's Harry Kane, Dele Alli 'strange' - Pochettino

    The Argentinian said that Kane had been very sad and that the club is helping him to move on. The fact it happened, then they apologised after a few days.
    Beyoncé Slays Beychella Again W/ JAY-Z & Destiny's Child

    Beyoncé Slays Beychella Again W/ JAY-Z & Destiny's Child

    This time, however, their mini dance battle ended with a fall, as Bey failed to pick her sister up and they tumbled to the floor. Destiny's Child , Solange and Jay Z all changed it up in the wardrobe department from week 1.
    Apple iPhone X is Dead Claims an Analyst

    Apple iPhone X is Dead Claims an Analyst

    On Friday there was a burst of negative sentiment about Apple that left their stock down 4 percent after the market closed. Some reports suggested Apple could kill the iPhone SE this year, but it makes sense for Apple to keep it around.


Most liked

United States dollar climbs on positive inflation data
Consumer prices stayed flat in the month of March itself, while consumer prices minus volatile food and energy rose 0.2 percent. The government reported last Friday that wages and salaries recorded their biggest increase in 11 years in the first quarter.

Comey questions Trump's credibility and House Republican report
"I was concerned about his commitment to truth telling, based on some things I'd see during the campaign" Comey explained. Comey and Lynch should be brought before Congress and put under oath to "resolve this conflict", Graham said.

Trump to meet crew of deadly Southwest Airlines flight
"The actions of the crew and passengers of Southwest Flight 1380 show the great character of our nation", Trump said at his desk. Shultz was one of the first female fighter pilot in Navy history and has also said flying is her way of witnessing God firsthand.

Suspected 'Golden State Killer' Joseph James DeAngelo appears in court
Holes, a cold case expert and retired Contra Costa County District Attorney inspector, said GEDMatch was his team's biggest tool. Major commercial DNA companies say they do not give law enforcement access their genetic data without a court order.

Prince Louis: The tragic backstory of the royal baby name
The infant son of the Duke and Duchess of Cambridge has been named Louis Arthur Charles , Kensington Palace announced Friday. It's also the middle name of Prince George and was the name of Prince Philip's uncle, Lord Louis Mountbatten.

Fire broke out at the Trump Tower in Azerbaijan
A huge fire broke out Saturday in a skyscraper known as the Trump Tower in Baku, capital of Azerbaijan, without causing any casualties.

Tom Brokaw pens vicious attack on accuser
He concluded his email by writing that he is "proud of who I am as a husband, father, grandfather, journalist and citizen". She wrote, "I said 'Tom". "She was coy, not frightened, filled with office gossip, including a recent rumor of an affair".

Twitter reaction: Oakland Raiders select PJ Hall in round two
Left tackle Donald Penn, meanwhile, is about to turn 35 and returning from foot surgery, and his contract expires after 2019. The Raiders formally introduced their first-round draft pick Kolton Miller , Friday afternoon.

Windrush generation will get United Kingdom citizenship, says Amber Rudd
Supporters carry placards at the tail-end of a Windrush generation solidarity protest in Brixton, London on April 20, 2018.

US Reportedly Investigating Alleged Iran Sanctions Violations By China's Huawei
Around 40 Chinese mutual funds have adjusted the valuation of ZTE in their portfolios since it suspended trading. On April 19, China's Ministry of Commerce (MOC) said that the USA action against ZTE will damage itself.

Pittsburgh Penguins vs. Philadelphia Flyers 4/22/18, Prediction & Odds
As for whether they can continue playing this well on Sunday in another must-win game, only time will tell for Philadelphia . In Game 6, the goaltending of Michal Neuvirth was just as impressive as it was in his first two appearances of the series.

Shaggy, Shawn Mendes, Sting among those who celebrated Queen's birthday
Prince Harry is expected to lead tributes to his grandmother in his new role as president of The Queen's Commonwealth Trust. Naturally, the audience was very obliging and have The Queen three cheers to mark the occasion of her birthday .

Israeli Forces Strike Gaza After Border Blast
Israel claimed the attack came in response to the detonation of an explosive device at the border fence between Gaza and Israel. The marches are scheduled to continue until May 15, the 70 anniversary for the establishment of the state of Israel.

FAA Orders Emergency Inspections Of 352 Engines Following Deadly Southwest Incident
Whether the proposed FAA rule, had it been implemented, would have detected damage to the fan blade that failed is not known. The manufacturer told CNN it has been working with the FAA on the inspection procedures.

5 popular players who never played a single match for CSK
S Watson, A Rayudu, S Raina, S Billings, MS Dhoni, R Jadeja, D Bravo, D Chahar, K Sharma, S Thakur, Imran Tahir. Shreyas Gopal was the pick of the Royals bowlers returning figures of 3 for 20 from his four overs.