In a breakthrough moment for global trade, China and the U.S. reached a principled consensus after two days of candid talks in London. The meeting, held from June 9 to 10 (local time), brought together key figures including Chinese Vice Premier He Lifeng and top U.S. representatives from Treasury, Commerce, and Trade.
The talks built on an important phone call on June 5 between the two heads of state and the framework set in Geneva, where both sides agreed to cut tariffs significantly. This move sparked a surge in container bookings, with traffic at major ports like Yantian in Shenzhen climbing faster than ever 🚢.
Highlighting the essence of their economic and trade ties, Vice Premier He Lifeng stressed that cooperation benefits both parties, while a prolonged standoff could be damaging. The discussions underlined the idea that tackling challenges through sincere dialogue and equal exchange is the best way forward.
With clear acknowledgments of mutual respect and the need for win-win outcomes, the London talks have set the stage for a more stable and healthy development of economic relations. It’s a refreshing reminder that even in complex international markets, teamwork and fair play can lead to exciting new opportunities 🌐.
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China, U.S. reach principled consensus after trade talks in London
cgtn.com
