shine trader limited reports:
In response to the media’s questions about “whether the Chinese and US ministers of Commerce have plans to talk again in the near future” and “China and the United States held a video call on the morning of the 26th. China expressed its concern about the cancellation of tariffs and sanctions by the United States, and whether there is any new progress in the cancellation of tariffs?”.
Shu jueteng said that China has always been open to the dialogue and communication between China and the US ministers of Commerce. If there is any further information, the Ministry of Commerce will release it in time.
On the issue of tariffs between China and the United States, Shu jueteng said, “on October 26, vice premier Liu he expressed his concern about the cancellation of tariffs and sanctions by the United States in a video call with finance minister Yellen. China believes that under the current situation, the cancellation of tariffs is in the fundamental interests of consumers and producers in China and the United States and is conducive to the recovery of the world economy.”
At the press conference on the same day, Shu jueteng disclosed further information during the high-level call between China and the United States on the 26th. She said that on the morning of October 26, Liu He, member of the Political Bureau of the CPC Central Committee, vice premier of the State Council and Chinese leader of the China US comprehensive economic dialogue, held a video call with us finance minister Yellen at request. The two sides talked for about an hour and a half and had pragmatic, professional and in-depth exchanges on a wide range of topics in the economic and trade field.
The contents of the call between China and the United States include: first, the two sides exchanged and discussed the macroeconomic situation and policies of China and the United States, including growth situation, inflationary pressure, financial stability, supply chain and other issues. Both sides believe that the world economic recovery is at a critical moment, and it is very important for China and the United States to strengthen macro policy communication and coordination; Second, the two sides exchanged views on specific cooperation in multilateral and bilateral fields such as financial market supervision and cooperation under the G20 framework; Third, the two sides raised their respective concerns. China expressed its concerns about the lifting of tariffs and sanctions imposed by the United States and the fair treatment of Chinese enterprises.
Reprint indicated source：Spark Global Limited information