China, US to hold trade talks in October; Beijing says phone call went well

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China, US to hold trade talks in October; Beijing says phone call went well
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China and the United States on Thursday agreed to hold high-level trade talks in early October in Washington, amid fears that an escalating trade ...

BEIJING: China and the United States on Thursday agreed to hold high-level trade talks in early October in Washington, amid fears that an escalating trade war could trigger a global economic recession.

"Lead negotiators from both sides had a really good phone call this morning," ministry spokesman Gao Feng said in a weekly briefing."We'll strive to achieve substantial progress during the 13th Sino-U.S. high-level negotiations in early October."Trade teams from the two countries will hold talks in mid-September before the high-level talks next month, the ministry said.A spokesman for the U.S.

On Sunday, Washington began imposing 15per cent tariffs on an array of Chinese imports, while China began placing duties on U.S. crude oil. China said on Monday it had lodged a complaint against the United States at the World Trade Organization.

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