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United States and China show closer positions

Jeffrey Gerrish, Deputy Commercial Representative of the United States
  • Jeffrey Gerrish, Deputy Commercial Representative of the United States
  • EFE

The spokesman of the Ministry of Foreign Affairs of China, Lu Kang, informed in a press conference that this Wednesday the first round of negotiations between the Asian country and the United States concluded in the eastern capital, saying that it is expected to be beneficial for both markets, as well as world trade itself.

"The commercial talks between the United States and China have just concluded, if the results of the talks are positive, it would be beneficial for both China and the United States and would be good news for the world economy", he said.

Before the exposed points and the agreements that are looked for to reach, this negotiation extended more than initially raised, which for the own Kang is a sample of the seriousness with which the subject is being taken, besides the importance that has for the economy of the entire planet.

Although there are no known details of what was discussed at this meeting, different analysts of Global Times agree that the key to the fact is the disposition shown by both countries, so from the beginning, things are well displayed around an agreement.

This is the first face-to-face meeting between representatives of both countries since Chinese President Xi Jinping and his US counterpart, Donald Trump, agreed December 1 the 90-day truce.

The delegation of the United States, headed by the Deputy Commercial Representative of the United States, Jeffrey Gerrish, also had members from the Departments of Energy, Agriculture and Treasury.

The Chinese delegation was headed by Deputy Minister of Commerce Wang Shouwen, but Deputy Prime Minister Liu He, a senior economic adviser to Xi, participated in one of the meetings held on Monday, Lu said.

Since the Beijing-Washington truce on December 1, China has undertaken several measures of goodwill, such as reducing tariffs on vehicles imported from the United States, resuming the purchase of soybeans and presenting a bill to prohibit the forced transfer of technology.

Trump temporarily suspended the 10 to 25 percent increase in tariffs on Chinese products valued at $ 200 billion, but threatened to suspend the plan if a trade agreement is not closed before the 90-day deadline expires.

At the time this meeting was over, it was learned that the North Korean leader, Kim Jong-un, left Beijing for Pyongyang by train, closing a surprise visit that caused the expectation of a second summit with the United States on denuclearization.

The Asian President's armored train left Beijing at 8:08 pm, according to the Yonhap news agency in South Korea. The Chinese Foreign Ministry did not confirm the information about Kim's trip, but said it would issue an official press release.

It is not the first time that such things happen and surprise everyone, since Kim's agenda has rarely been made public, but it was reported that he held a summit with Chinese President Xi Jinping on Tuesday.

Yonhap reported that Kim visited the facilities of a traditional Chinese medicine firm for nearly 30 minutes, after which he had lunch with Xi, on what was the fourth visit to China in the last year and came amid preparations for a second meeting between the representative of North Korea and the President of the United States, Donald Trump, to resume the denuclearization talks.

The first meeting between Kim and Xi in Beijing took place before the participation of North Korea in the Olympic Winter Games held in South Korea, which began a process of rapprochement between the two Koreas. The other two summits with Xi in May and June took place shortly after Kim's meetings with the president of South Korea, Moon Jae-in, and with Trump in Singapore.

During the Singapore summit, the United States and North Korea agreed to work towards denuclearization in exchange for Washington's security guarantees. The talks are stalled due to the lack of a clear road map for disarmament.

Source-Editor/EFE

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