China's Commerce Minister: China-US economic and trade relations have gone through storms
China commerce minister:
- China-US economic and trade relations have gone through storms, remain important to each other
- US since 2018 has adopted more unilateral, protectionist measures provoking frictions
- Mutual benefit is the essence of US-China commercial ties
- Decoupling is doomed to fail as it contradicts economic development
- Differences and frictions inevitable, dialogue and consultation best way to fix problems
- Some things are irreplacable, at least in the short term
- Key is to respect each others’ core interests, major concerns
- Geneva agreement, London framework effectively stabilised commercial ties, cooled down tensions
