In "Phase 1 Agreement Benefits the World... Trade Conflicts Can Be Resolved Through Negotiations"
[Asia Economy Reporter Son Sunhee] The Chinese government recently stated on the 16th that the phase one trade agreement reached with the United States "benefits both China and the world" and that "trade conflicts can be completely resolved through negotiations."
Geng Shuang, spokesperson for the Chinese Ministry of Foreign Affairs, said at a regular briefing on the same day in response to a question about the agreement, "The achievement of the phase one trade agreement between China and the U.S. once again means that China and the U.S. can find a proper way to fully resolve issues through dialogue and negotiations based on equality and mutual respect."
Regarding U.S. Vice President Mike Pence's remark that "phase two trade negotiations have already begun," Spokesperson Geng said, "The urgent matter is for both countries to work together to strictly abide by the agreed terms based on the principles of equality and mutual respect," adding, "They must respect each other's core concerns and implement the phase one agreement." Instead of confirming the start of phase two negotiations, the emphasis appears to be on the "implementation" of the current situation.
When asked whether China can fulfill its promise to import $200 billion worth of U.S. products, Geng responded with a general stance that "the phase one agreement benefits China, the U.S., and the world."
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Regarding the criticism that U.S. President Donald Trump's speech at the phase one agreement signing ceremony was longer than that of Chinese Vice Premier Liu He, Geng said, "The plan for the signing ceremony was agreed upon and decided by both countries," adding, "Who speaks and for how long was all planned through prior negotiations between both sides." On President Trump's direct attendance, he added, "It was a plan agreed upon by both sides."
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