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U.S., China should ensure G20 talks go well, senior diplomat says

Reuters  |  BEIJING 

(Reuters) - The and must work to ensure that talks between their leaders at a summit this month go well and they manage differences, a top Chinese said, as the two countries try tentatively to get ties back on track.

and the have put tariffs on hundreds of billions of dollars of each other's goods and U.S. has threatened to set tariffs on the remainder of China's $500 billion-plus exports to the if the trade dispute cannot be resolved.

Trump and Chinese plan to meet on the sidelines of a summit, which is being held in at the end of November and early December, for high-stakes talks.

The two sides should "properly manage differences and carefully prepare to ensure positive results in the meeting", politburo member told U.S. in Washington, said in a statement on Thursday.

"is committed to working with the U.S. to achieve a no-confrontational, conflictless, mutually respectful co-operation in which both sides win," added Yang, who heads the ruling Communist Party's foreign affairs commission.

"Both sides should seek an through equal and mutually beneficial negotiations," said Yang, adding that the essence of China, U.S. trade and economic ties is mutually beneficial.

Relations between the two countries have warmed since Xi and Trump spoke by telephone last week, setting the ground for their meeting.

Yang, joined by Chinese Wei Fenghe, are holding a security and diplomatic dialogue with the United States in on Friday.

Yang outranks the Chinese government's top diplomat,

In a separate meeting on Thursday in with former U.S. Henry Kissinger, Wang said the two countries absolutely could resolve their trade dispute.

"As for the present China-U.S. economic and trade dispute, we believe it ought to be and can be appropriately resolve via equal dialogue," Wang said, according to

(Reporting by Ben Blanchard; Writing by and in Shanghai; Editing by Sam Holmes, Robert Birsel)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 08 2018. 14:31 IST
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