China warns of long road ahead for deal with US after ice-breaking talks

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BEIJING/OSAKA: China and the United States will face a long road before they can reach a deal to end their bitter trade war, with more fights ...

BEIJING/OSAKA: China and the United States will face a long road before they can reach a deal to end their bitter trade war, with more fights ahead likely, Chinese state media said after the two countries' presidents held ice-breaking talks in Japan.

"Even though Washington agreed to postpone levying additional tariffs on Chinese goods to make way for negotiations, and Trump even hinted at putting off decisions on Huawei until the end of negotiations, things are still very much up in the air," it said in an editorial late Saturday. Though problems between the two countries remain, China is confident as long as they both follow the consensus reached by their leaders they can resolve their problems on the basis of mutual respect, Wang said in the statement released late Saturday.

"To put restrictions in areas that go beyond technology and economic factors will definitely lead to a lose-lose situation. So if the U.S. side can do what it says then we will certainly welcome that," Wang told reporters. "Now comes the hard work of finding consensus on the most difficult issues in the relationship, but with a commitment from the top we're hopeful this will put the two sides on a sustained path to resolution."

 

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