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Friday, June 21, 2019

Mixed Tone Out Of China Ahead Of Trade Talks

While welcoming talks between the U.S. and China, statements and newspaper editorials from the country are making clear that from their perspective, coming discussions on trade between the U.S. and China need to be approached in a certain way.
"The heads of the two trade teams will communicate, according to instructions passed down from the two presidents," Gao Feng, Chinese Commerce Ministry spokesman, told reporters. "We hope (the United States) will create the necessary conditions and atmosphere for solving problems through dialogue as equals."
He stated that there are three keys to the coming talks – the removal of additional tariffs, trade purchases and a balanced text for the deal. Gao labeled those as “matters of principle” that cannot be compromised. "China's principles and basic stance on Sino-U.S. economic and trade consultations have always been clear and consistent, and China's core concerns must be properly resolved,” he stated.
The China Daily newspaper stated in an editorial it appeared both sides were ready for “serious dialogue” and that one meeting was not going to result in a resolution, noting that "it would be expecting too much to anticipate one single meeting will wrap everything up. The two parties' expectations are too divergent to allow that," the paper said. "More likely than not, the one-on-one meeting will end up being the start of a new phase in the negotiations with the two leaders personally setting out their country's respective bottom lines."

The Global Times struck a more contentious tone, saying the country can “never be daunted.”