In a high-stakes meeting that could shape global markets, Chinese Vice Premier He Lifeng called for ‘equal dialogue and cooperation’ to resolve ongoing trade disputes with the U.S. during talks in London this week. The discussions, described as ‘candid and in-depth’, aimed to stabilize economic ties between the world’s two largest economies. 💼
He, China’s top official for U.S. economic relations, emphasized that ‘trade wars have no winners’ and stressed mutual benefits of collaboration. The talks built on June’s phone call consensus between the countries’ leaders, with both sides agreeing to strengthen communication and reduce misunderstandings. 📞✨
Key progress included a framework to address economic concerns and measures to implement prior agreements. ‘Cooperation benefits both sides – confrontation hurts both,’ He stated, adding that while China seeks dialogue, it ‘won’t back down from principles’. The U.S. delegation acknowledged the talks’ positive outcomes, pledging to align with China in implementing new agreements. 🤝🌍
With global markets watching closely, this dialogue could inject much-needed stability into the world economy. Will this mark a thaw in trade tensions? Stay tuned. 🔍
