Both sides should enhance consensus, maintain communication to reduce misunderstandingsThere are no winners in a trade warChina is not willing to fight but not afraid to do so if neededUrges US to fulfil its promises and take appropriate actionVows to enhance cooperation with the USBoth sides should push for stable and long-term trade, economic tiesChina is sincere in trade talks in London but will stand by its principle
Interesting to see that China is only offering up some general remarks here. Once again, it shows that both sides might have different interpretations of how things transpired over the last two days. As mentioned before, any easing of export controls are but a small gesture of goodwill to promote more serious trade negotiations. But one can expect the US and Trump especially to make a big deal out of it in the coming day(s).
This article was written by Justin Low at www.forexlive.com.