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China's Xi says he wants to work out initial trade deal with US

Reuters
Reuters11/22/2019 04:52 PM GMT+08  • 3 min read
China's Xi says he wants to work out initial trade deal with US
BEIJING (Nov 22): China wants to work out an initial trade pact with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is not afraid to retaliate when necessary.
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BEIJING (Nov 22): China wants to work out an initial trade pact with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is not afraid to retaliate when necessary.

Economists warn that a prolonged dispute between the world's two largest economies is elevating risks to the global economy by disrupting supply chains, curtailing investment and curbing business confidence.

"We want to work for a 'phase one' agreement on the basis of mutual respect and equality," Xi told representatives of an international forum, according to a pool report.

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