Saturday, 17 November, 2018

China Premier Li Keqiang is optimistic on US-China relations

To Trump's trade czar the key to boosting U.S. industry is playing hardball with China Chinese tech stocks are going bananas after Trump said he had a 'good conversation' with Xi Jinping on trade
Laurie Berry | 02 November, 2018, 14:28

Chinese President Xi Jinping had an "extremely positive" phone conversation with U.S. President Donald Trump about trade and other issues, the foreign ministry said Friday.

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

Xi said Thursday after speaking with Trump that he hopes China and the United States will be able to promote a steady and healthy relationship, Chinese state media reported. "Rebuilt China", Trump told Breitbart at the time.

On Wednesday, US Secretary of State Mike Pompeo said China was probably Washington's biggest long-term security challenge and the United States was engaged in a "multi-pronged effort.to convince China to behave like a normal nation on commerce" and respect global law.

Trump said the American economy is doing well and he has been receiving congratulatory message from across the world.

"Both leaders attach great importance to China-U.S. ties and economic ties", Lu said.

Trump and Xi, in several reciprocal actions, have in recent months imposed higher tariffs on tens of billions of dollars of exports moving between the two countries, increasing tensions between Washington and Beijing.

Trump said earlier on Twitter that he and Xi had a "very good" conversation.

India vs West Indies, 5th ODI
One of the Key bowler and game Changer for West Indies have been ruled out of the Match and the upcoming T20 Series. Apart from Jadeja, Jasprit Bumrah and Khaleel Ahmed chipped in with two wickets each to derail the Windies innings.

"The economic teams of the two countries should strengthen contact, conduct consultations on issues of mutual concern, and push for a mutually acceptable solution to China-US economic and trade issues", Xi said.

According to a report by state broadcaster CCTV, Li said China and the U.S. had benefited from cooperation, and that they should respect each other's core interests and concerns.

Although U.S. -China relations have been rocky, Keqiang said he is optimistic both nations can work together in the spirit of mutual respect.

China and the United States are locked in an increasingly bitter trade war, and both countries have already placed tariffs on some of each others' imports.

However, both Chinese and the United States observers have said there is bipartisan consensus in the U.S. for tough action on China to force it to change its trade practices and industrial policies.

Tennessee Senator Lamar Alexander told the official the USA and China are competitors not adversaries and suggested they can prosper together.

'We're going way up, and China has been hurt over the last number of months.

Trump asked key cabinet secretaries to have their staff draw up a potential deal to signal a ceasefire in an escalating trade conflict, the people said, adding that multiple agencies are involved in the drafting of the plan. "I don't think they're ready yet".

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