China says Xi-Trump phone call on trade 'extremely positive'

02 November, 2018, 15:57 | Author: Teresa Adams
  • Donald Trump said his Chinese counterpart Xi Jinping wants to make a deal to end an escalating trade war

He gave no indication whether they made progress on settling an escalating tariff war over Beijing's technology policy.

"I agree, this phone conversation was an extremely positive phone conversation", Lu said at a regular briefing.

Trump on Thursday said he had "very good" talks with Xi on the growing trade conflict between the two economic giants.

Washington, Europe and other trading partners say those violate China's market-opening obligations and some American officials worry they might erode US industrial leadership.

Xinhua, China's state news agency, reported on Friday that Mr Trump had told the Chinese leader that "he looks forward to meeting Xi during the G-20 summit so they can have an in-depth discussion about some major issues".

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It was unclear if Mr Trump was easing up on USA demands that China has resisted.

The two leaders agreed the trade dispute "should be handled properly through substantial consultation", Lu said.

Xi was quoted by CCTV as saying after the call with Trump that the two leaders had hoped to expand trade cooperation.

However, a senior Trump administration official on dismissed the report as untrue, a CNBC reporter said in a post on Twitter.

"The sound and stable growth of China-U.S. relations serves the common interests and the fundamental interests of the people of our two countries", Li said.

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In comments to state media, Mr Xi expressed his hopes for a trade deal and said he was willing to meet with Mr Trump in Argentina.

"China has been hurt over the last number of months".

Meeting a group of Republican lawmakers in Beijing, China's Li noted the China-U.S. relationship's "ups and downs" over the past four decades of diplomatic ties. The Chinese president also said he would like to meet Trump at the G20.

US Senator Lamar Alexander of Tennessee told Li that the delegation was there "to show our respect to a great country and a great people", and that the two countries "are competitors but not adversaries". "We have a new deal", he said adding that the U.S. is now negotiating with the European Union, which "has absolutely hurt" the United States.

Alexander said he would be discussing trade with Li, though neither of them mentioned the ongoing tariff war in remarks in front of reporters.

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