China urges ‘calm and rational’ resolution to U.S.-Sino trade war

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China hopes Beijing and Washington will resolve their trade dispute “with a calm and rational attitude”, Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides.

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BEIJING (Reuters) – China hopes Beijing and Washington will resolve their trade dispute “with a calm and rational attitude”, Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides.

Men work on a cargo ship at a port in Lianyungang, Jiangsu province, China September 13, 2019. REUTERS/Stringer

The dispute has taken its toll on the Chinese economy.

China’s exports unexpectedly fell in August as shipments to the United States slowed sharply, pointing to further weakness in the world’s second-largest economy and underlining a pressing need for more stimulus.

Beijing is widely expected to announce more support measures in coming months to avert the risk of a sharper economic slowdown as the United States ratchets up trade pressure.

Reporting by Ryan Woo and Kevin Yao; Writing by Ben Blanchard and Engen Tham; Editing by Kim Coghill and Emelia Sithole-Matarise


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Author:

China hopes Beijing and Washington will resolve their trade dispute “with a calm and rational attitude”, Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides.

Source: {authorlink}

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