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China does not want to see escalation in Sino-U.S. trade tension

Posted by: Admin | Posted on: May 17th, 2018 | 0 Comments

BEIJING (Reuters) – China does not want to see escalation in Sino-U.S. trade tensions, its commerce ministry said on Thursday, expressing hope that the two sides could minimize conflict during talks being held in the United States.

FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song

China hopes the U.S. will take action as soon as possible on the case of Chinese technology company ZTE and resolve it in a fair manner, ministry spokesman Gao Feng told reporters at a regular briefing.

U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled it, offering a job-saving concession to Beijing ahead of this week’s talks.

Reporting by Yawen Chen and Beijing Monitoring Desk; Editing by Clarence Fernandez

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/dFvDIU3EPbg/china-does-not-want-to-see-escalation-in-sino-u-s-trade-tension-idUSKCN1II091

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