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China defends trade with U.S.

Staff Writer |
China's Foreign Ministry defended trade with the United States as a win-win scenario ahead of a speech by U.S. President Donald Trump laying out a new national security strategy that makes clear that China is a competitor.

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Trump has praised Chinese President Xi Jinping while also demanding that Beijing increase pressure on North Korea over its nuclear programme and changes in trade practices to make them more favourable to the United States.

Chinese Foreign Ministry spokeswoman Hua Chunying said she was unable to comment on the strategy until it was unveiled.

But in principle, China hopes the strategy can play a constructive role in promoting world peace and stability and promoting China-U.S. strategic mutual trust, Hua told a daily news conference.

The essence of China-U.S. trade and economic ties is mutually beneficial and win-win, directly and indirectly supporting 2.6 million U.S. jobs, she added.

In 2015, the profits of U.S. firms that invested in China reached $36.2 billion, and China will continue to support trade and investment liberalisation, Hua said.

"We are willing to work hard with the U.S. side to dedicate ourselves to building a robust, stable and healthy trade and economic relationship," she added.

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