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[size=36]China: Our companies face many difficulties due to trade disputes[/size]
Economy | 01:54 - 29/09/2019
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Chinese enterprises are facing many difficulties due to trade disputes, Chinese Commerce Minister Zhong Shan said Sunday.
"Trade is facing unprecedented challenges, external and domestic," he told a news conference in Beijing.
A new round of high-level trade talks between the United States and China, the world's two largest economies, is expected to be held in Washington on October 10-11, led by Chinese Vice Premier Liu He and Vice President Xi Jinping's economic adviser.
Zhong said China would expand imports and measures to stabilize trade would yield positive results, but gave no details.
The US administration is considering new radical measures to put financial pressure on Beijing, including canceling the listing of Chinese companies on US stock exchanges.
Sources told Reuters the move would be part of a broader effort to curb US investment in China, partly because of growing security concerns about its activities.
The Chinese foreign minister said on Friday that tariffs and trade disputes could push the world into recession and Beijing was committed to solving it "in a calm, rational and cooperative way."
"Trade is facing unprecedented challenges, external and domestic," he told a news conference in Beijing.
A new round of high-level trade talks between the United States and China, the world's two largest economies, is expected to be held in Washington on October 10-11, led by Chinese Vice Premier Liu He and Vice President Xi Jinping's economic adviser.
Zhong said China would expand imports and measures to stabilize trade would yield positive results, but gave no details.
The US administration is considering new radical measures to put financial pressure on Beijing, including canceling the listing of Chinese companies on US stock exchanges.
Sources told Reuters the move would be part of a broader effort to curb US investment in China, partly because of growing security concerns about its activities.
The Chinese foreign minister said on Friday that tariffs and trade disputes could push the world into recession and Beijing was committed to solving it "in a calm, rational and cooperative way."
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