Category
🗞
NewsTranscript
00:00Wall Street's main indexes are pretty mixed today as investors await the outcome of these
00:06ongoing trade talks between the U.S. and China. How are the negotiations actually progressing?
00:16Thank you very much for having me. China-U.S. trade talks in London is sending a positive
00:24signal to the global economy and it has received positive market reception. This round of trade
00:35talks in London is to implement the consensus reached by the Chinese president and the U.S.
00:44president in their phone talk a few days ago. It is a direct outcome of the Geneva discussions in May
00:53when both sides agreed to establish a consultation mechanism to continue negotiations. As Chinese
01:04president stressed in his phone call, dialogue and cooperation are the only correct choice for the
01:11two countries. I think the London talks is a good use of the economic and trade consultation mechanism
01:20and the two countries can make efforts to seek women results in the spirit of equality and respect for
01:28each other's concerns. A lot of topics and issues will be confirmed, I think, in this round of talk in
01:37I think from China's side concerns over U.S. technological sections were likely raised during the talk and China wants to see some of these restrictions lifted by the U.S.
01:44China also expected this communication channels between the two countries and the U.S.
01:51to be expanded and normalized to reduce misunderstandings to reduce misunderstandings and rebuild
01:55the U.S.
01:56China's side of the U.S.
01:57China's side concerns over U.S.
01:58technological sections were likely raised during the talk and China wants to see some of these restrictions lifted and China also expected this communication channels between the two countries to be expanded and normalized to reduce misunderstandings and rebuild
02:19and rebuild mutual trust. In nature, China and U.S. economy and trade cooperation benefits not only the two sides but also the other countries in the world and match the expectations of the international community.