Beijing. According to Chinese state broadcaster CCTV, Chinese President Xi Jinping and US president-elect Donald Trump agreed to meet ‘at an early date’ to discuss the mutual relationship.
In a telephone call, Xi told Trump that the world’s top two economies ‘need cooperation and there are a lot of things we can cooperate on’.
During the race for the White House Trump repeatedly lashed out at China, vowing to punish Beijing with “defensive” 45% tariffs on Chinese imports and to officially declare it a currency manipulator.
CCTV repoted, ‘Xi and Trump vowed to keep close contact, build good working relations, and meet at an early date to exchange views on issues of mutual interest and the development of bilateral ties’.
Before his election, Trump went as far as calling China America’s ‘enemy’, accused it of artificially lowering its currency to boost exports, and pledged to stand up to a country he says views the US as a pushover.
He has vowed to pursue a policy of “peace through strength” and build up the US navy.
But he also indicated he is not interested in getting involved in far-off squabbles.
He decried the proposed Trans Pacific Partnership (TPP) free trade deal, which encompasses several other Asian countries and has been seen as an effort to bolster US influence, for costing American jobs.
CCTV cited Trump as saying in the call that China was a large and important nation that he was willing to work with, and that he believed Sino-US relations could realise “win-win” benefits.
Before that, the state-controlled Global Times in its editorial said, “if Trump imposes a 45 percent tariff on Chinese imports, China will take a tit-for-tat approach then.
Global Times said, ‘a batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US.’
The editorial read, “Not long after Barack Obama took office, US trade and commerce authorities announced a 35 percent import tariff on Chinese tires. In response, China took retaliatory steps of imposing tariffs on US chicken and automotive products. Both China and the US suffered losses as a result. From then on, the Obama administration waged no trade war against China.”