Xinhua News Agency Commented on Sino-U.S. Trade Consultation: Talk, We must Come out with Sincerity

Finally, the much-anticipated China-US trade consultations are about to begin. According to the latest news, the US President’s special envoy and Minister of Finance Muchinchin will lead the US delegation to visit China from the 3rd to the 4th. Member of the Politburo of the CPC Central Committee, Vice Premier of the State Council Liu He will exchange views with the U.S. delegation on China-U.S. economic and trade issues of common interest. This seems to give a bit of a turning point in the Sino-U.S. trade friction that has been tense for some time. In any case, talks are always a good thing and the door to China’s negotiations has been open. Only talk about sincerity, principles, and rules.

From the previous escalation of trade frictions to the United States’ initiative to send a strong team to negotiate in China, this is the result of China’s firm will, perseverance, and strong power to firmly resist US unilateralism and protectionism. The US sent this time to include finances. Ministers such as Minister Mukuchin, Secretary of Commerce Ross, Trade Representative Lite Shizzle, and President Kudlow of economic policy and other heavyweights also demonstrated the importance the US side has placed on Sino-U.S. trade and expectations for consultations.

After thousands of miles of active negotiations in China, the United States may also have its own ideas: Faced with China’s continuous expansion and opening up measures, it is feared that it will not be able to catch up with China’s rapid reform and opening up, and it will not be able to share China’s open dividends and market “big cakes”. The domestic farmers, the multiple pressures of the industrial and commercial circles, and a series of factors affecting the mid-term elections, such as a stock market that is constantly on the leap, may be the reason for the US to take the initiative to negotiate.

Since we have come sincerely, we must also hope to achieve progress in reaching an agreement. We must see that this is not only a negotiation between the two countries, but also a negotiation between multilateralism and unilateralism, free trade, and protectionism. Achieving a lot of help, misgivings and helplessness. If you don’t find a reason for yourself, continue to blame others for the problems of the U.S. economy, continue to take the so-called reasons for trade deficits, intellectual property rights, etc., and hold high on 'sanctions'. Ultimately, it will not only undermine the consultations, but will not help solve the problem.

Talk, The door is open; it is the Chinese side's consistent position. When you come to talk, I will talk to you. The Chinese side will talk with you seriously on the basis of equality and mutual benefit. However, the United States must also show the sincerity of the talks. , Rather than asking for price, strong sales and strong sales, negotiation should be an effort to seek the greatest common divisor of both sides.

For possible outcomes, we are ready for all-round preparations. The US side said that if it does not succeed in continuing to impose tariffs on Chinese products, China will not compromise on its yields, be convinced, and do what it takes. As we have been Since the hard counterattack, it will continue to implement the same measures to countermeasures. If the trade war is opened, China will inevitably suffer losses, but China has the political advantages of centralized and unified leadership, a huge domestic market as a support, and the international community to multilateral trade. Support for institutional and economic globalization will make it possible to fight a protracted war. By then, I’m afraid that the U.S. side is hurting others and it’s hard for them to suffer. It’s still the American farmers and entrepreneurs.

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