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China urges US to conduct trade review based on international rules

Updated: Apr 2,2017 8:02 AM     Xinhua

BEIJING — China on April 1 urged the US side to carry out trade review targeting China and other surplus countries in accordance with international rules.

China’s Ministry of Commerce (MOC) made the statement after US President Donald Trump signed executive orders on March 31 focused on reducing the trade deficit.

The reality, cause and possible impact for the US trade deficit with China are well understood by both countries, the MOC said. It highlighted that Sino-US trade is highly complementary and has mutual benefits.

As the world’s top two economies, China and the United States have a special mission in promoting global trade and investment, as well as global economic prosperity, it said.

China is willing to work alongside the United States to enhance dialogue and properly address disagreements on the basis of mutual benefits and cooperation, it added.