ChinaGlobalNews

Due to US Trade Uncertainties China Working on Better Bilateral Relations with Neighbours

Sharing is caring!

China made overtures on trade to Japan and South Korea and offered support for an infrastructure initiative as it hosted the leaders of its two neighbours this week amid strained ties with the US.

Chinese Premier Li Keqiang said at a meeting with Japanese Prime Minister Shinzo Abe that Beijing was willing to strengthen economic cooperation with Japan in third-country markets.

At the meeting on the sidelines of a trilateral summit in the southwestern city of Chengdu, Li added that China would “further open up its services industry” to Japan.

During a separate meeting on Monday with South Korean President Moon Jae-in, Li said China was willing to work on a rail network linking Korea with China and Europe, Yonhap news agency reported.

Li’s remarks come as China and the United States edge closer to an initial trade agreement after imposing tariffs on billions of dollars worth of goods over nearly two years in a bruising trade war that has hit the global economy.

On Friday US President Donald Trump touted a “very good talk” he had held with China’s President Xi Jinping on a deal to resolve the dispute. However details of the so-called “phase one” deal between the world’s two largest economies have yet to be published in writing, with officials citing incomplete translation and legal work.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: