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🇨🇳 China /Economy & Trade

Trade chief Greer ‘optimistic’ the US and China can stabilise ties

From South China Morning Post · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

Interview Named sources New plan
  • US Trade Representative Jamieson Greer said Washington and Beijing both want a stable relationship and that he remains optimistic before an expected visit by Chinese President Xi Jinping.
  • Greer said a summit between Xi and US President Donald Trump could produce plans to put the US-China Board of Trade into operation and encourage US agricultural sales to China.
  • The board, announced in May alongside a Board of Investment, is intended to help manage commercial ties between the world’s two largest economies.

US Trade Representative Jamieson Greer said Washington and Beijing are both seeking stability in their relationship ahead of Chinese President Xi Jinping’s expected visit to the United States later this month.

I am optimistic. The Chinese very much want to have a stable relationship. That’s the word they use: stability. We’re in favour of that as well.

· Jamieson GreerThe US trade representative described expectations for US-China relations before Xi Jinping’s expected visit.

“I am optimistic. The Chinese very much want to have a stable relationship. That’s the word they use: stability. We’re in favour of that as well,” Greer said in an interview with Fox News.

He said the summit between Xi and US President Donald Trump would likely produce announcements on putting the US-China Board of Trade into operation and encouraging US agricultural sales to China. “We expect we’ll also have some deliverables on the Board of Trade that we’ve talked about,” Greer said. “We’re getting together with our Chinese counterparts.”

We expect we’ll also have some deliverables on the Board of Trade that we’ve talked about.

· Jamieson GreerGreer outlined a possible outcome of the planned summit.

China has increased its purchases of US soybeans. The Board of Trade was announced in May after Trump’s visit to Beijing, alongside a new Board of Investment. Both mechanisms are intended to help manage commercial ties between the world’s two largest economies.

We’re getting together with our Chinese counterparts.

· Jamieson GreerGreer referred to discussions with Chinese officials.
About this summary

Originally published by South China Morning Post. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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