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Xi: China-US benefit from cooperation, lose in confrontation
International

Xi: China-US benefit from cooperation, lose in confrontation

Agency News

Osaka, Jun 29 : Both the United States and China benefit from cooperation, while confrontation harms them, Chinese leader Xi Jinping said on Saturday at the beginning of his highly-anticipated meeting with US President Donald Trump.

The two leaders met on the sidelines of a summit of the Group of 20 major economies in the Japanese city of Osaka and Trump said it will not add new tariffs on Chinese exports."One basic fact remains unchanged. China and the United States both benefit from cooperation and lose in a confrontation. Cooperation and dialogue are better than friction and confrontation," Xi said at the meeting, held during the G20 summit in Japan's Osaka.

According to a Xinhua report, the Chinese president noted that he was prepared to exchange views with Trump on the fundamental issues concerning the development of China-US relations in order to "set the direction for our relationship in the period to come and to advance the China-US relationship based on the coordination, cooperation and stability."

US President Donald Trump and his Chinese counterpart Xi Jinping agreed to restart economic and trade consultations between their countries on the basis of equality and mutual respect. The two countries' economic and trade negotiating teams will discuss specific issues.

At the beginning of their meeting, Xi said that despite the great changes that have taken place in the international situation and China-US relations during the past 40 years, "one basic fact remains unchanged: China and the United States both benefit from cooperation and lose in confrontation.""Cooperation and dialogue are better than friction and confrontation," Xi told Trump. (UNI)