China will honor trade deal, wants better US ties



Associated Press|Fox Business News

Beijing will honor its trade deal with the U.S. and wants to see better ties with Washington, senior Chinese officials said Thursday.

Zhu Guangyao, a former finance minister and Cabinet adviser, said the two countries should “waste no time” in improving relations to help better coordinate a response to the coronavirus pandemic.

He and other officials told reporters in Beijing that the two biggest economies are so closely entwined that they must find a way to work together because a lack of cooperation has come at a “high price.”

“Such interdependence will not disappear simply because some people clamor for ‘decoupling.’”

Zhu said relations with the U.S. were “far from satisfactory” with communications at a “standstill.”

“We hope through communications we can enhance our cooperation and mutual trust,” he said.

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