China Confirms Trade Principles in Talks with US
(MENAFN) China declared on Monday that it will never pursue any trade deal with the United States if it undermines its principles, corporate interests, or global fairness and justice, according to a news agency.
China’s representative for international commerce, Li Chenggang, made these statements during a press briefing after two days of trade negotiations with the US in Madrid, Spain’s capital.
Li highlighted that the delegations from both nations held “candid, in-depth and constructive” exchanges on economic and commercial topics of shared concern, including the TikTok matter.
He emphasized that both parties acknowledge the “great significance” of maintaining a stable China-US trade and economic partnership for their own nations and for global economic growth and balance.
Addressing the TikTok issue, Li stressed that Beijing has consistently “opposed politicization, instrumentalization and weaponization of technology and economic-trade matters.”
Nonetheless, he revealed that both sides had achieved an agreement on TikTok that “conforms to the two sides' interests.”
“China will firmly safeguard national interests, the legitimate rights and interests of Chinese enterprises and carry out technology export approval in accordance with relevant laws and regulations,” Li asserted.
Additionally, during the trade discussions, Chinese Vice Premier He Lifeng called on Washington to remove its restrictions on China without delay.
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