The “substantive progress” China and the United States have made in their trade talks has been well received in both countries and around the world, a senior Chinese official said on Monday (March 4), maintaining Beijing’s previous upbeat assessment of discussions.
China and the United States have imposed tit-for-tat tariffs on hundreds of billions of dollars’ worth of each other’s’ goods, and the talks are aimed at de-escalating a conflict that has roiled financial markets, disrupted manufacturing supply chains and shrunk U.S. farm exports.
“So far they have achieved substantive progress on many issues of mutual interest,” said Zhang Yesui, a former Chinese ambassador in Washington and now
“Both countries and international society have reacted positively to this.”
His comments came at a news briefing ahead of parliament’s opening on Tuesday (March 5).
