Chinese Vice-President Wang Qishan said on Tuesday that Beijing is willing to retake its seat at the negotiating table with the US, the Financial Times reports.
“The world today faces many major problems that require close cooperation between China and the US,” Wang said at the Bloomberg-hosted New Economy Forum in Singapore. “China and the US will both gain from cooperation and lose from confrontation. Our relationship will have a direct impact on global stability and development.”
“The Chinese side is ready to have a discussion with the US on issues of mutual concern and work for a solution on trade acceptable to both sides.”
Wang also voiced China’s commitment to open markets and free trade, asking policymakers to “let the market work its charm.”
“As a staunch supporter of a multilateral trade regime, China will implement trade and investment liberalisation,” Wang added, without detailing what specific measures the country plans to introduce.