China, US scheduled to hold trade talks
China and the United States are scheduled to hold official trade talks later this week, as Beijing reiterates its commitment to dialogue and cooperation while firmly safeguarding its legitimate interests in the face of escalating US-initiated trade tensions.
Analysts said that mounting pressure from domestic stakeholders in the US may have pushed Washington back to the negotiating table. They also said that the international community is watching closely to see whether the upcoming talks can help stabilize the global economy and provide a turning point to ease trade tensions and address trade disputes between the world’s two largest economies through dialogue.
The Foreign Ministry confirmed on Wednesday that Vice-Premier He Lifeng, China’s lead person for China-US economic and trade affairs, will have a meeting with the US’ lead person, Treasury Secretary Scott Bessent, during He’s visit to Switzerland from Friday to Monday. The ministry said that the talks were scheduled at the request of the US.
The conversations mark the first official public engagement between the world’s two largest economies since the Trump administration’s decision to impose hefty tariffs on imports from China plunged the two sides into a trade war.
