This first contact between both delegations, the American and the Chinese, comes after the White House confirmed the high-level meeting between Trump and Xi Jinping.
MADRID Oct. 25 (EUROPA PRESS).- The Deputy Prime Minister of China, He Lifengand the Secretary of the Treasury United States, Scott Bessanthave started talks this Saturday in Kuala Lumpurthe capital of Malaysiain order to reduce tensions between both economies before the summit of Asia-Pacific Economic Cooperation (APEC, for its acronym in English) and the meeting scheduled for next October 30 between the President of the United States, Donald Trumpand its Chinese counterpart, Xi Jinpingreported the official news agency Xinhua.
He and Bessent have been in charge of negotiating the reduction of the escalation measures that each nation has recently imposed and, according to the agency Bloomberghave prepared the ground for the long-awaited meeting between Xi and Trump, which will be held next Thursday in South Korea.
This first contact between both delegations comes after the White House confirmed this past Thursday the date of this high-level meeting, which is being held in order to smooth over differences within the framework of the economic war declared by the North American magnate.
Over the last month, Trump has criticized Beijing’s decision to tighten controls on rare earth elements and has considered imposing a high tariff on Chinese products, even canceling a planned in-person meeting with Xi, which would have been his first since his return to the White House.
If not renewed, the trade truce between both powers would expire on November 10, after a few months of relative stability in which the bilateral relationship between Beijing and Washington has been altered by the expansion of technological restrictions and the proposal of taxes on Chinese ships that arrive at US ports.
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