China signalled little inclination to make concessions on trade with the U.S. after President Donald Trump warned of a difficult meeting with Chinese leader Xi Jinping at this week’s bilateral summit.
“China doesn’t intentionally seek trade surpluses,” Vice Foreign Minister Zheng Zeguang said during a Friday news briefing. He said that imbalances in China-U.S. 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 U.S.
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