China and US set to lock horns over trade in upcoming bilaterial summit

  Apr 5--CHINA has signalled little inclination to make concessions on trade with the US after President Donald Trump warned of a difficult meeting with Chinese leader Xi Jinping at the bilateral summit which starts tomorrow.

  "China doesn't intentionally seek trade surpluses," Vice Foreign Minister Zheng Zeguang said during last Friday's news briefing. He said that imbalances in China-US trade are mainly the result of global industrial trends, as well as disparities in the two countries' economic structures and development.

  He also called on Washington to help alleviate bilateral trade imbalances by easing restrictions on technology exports to civilian users in China, and improving the investment climate for Chinese businesses in the US, The Wall Street Journal reported.

  Mr Zheng's remarks came a day after China's Foreign Ministry confirmed that President Xi and Trump would hold their first meeting on April 6-7 at the US president's Mar-a-Lago resort in Palm Beach, Florida.

  After the Chinese announcement, Mr Trump suggested that he would press Mr Xi hard on trade - a centrepiece issue of his presidential campaign.


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