The Japan Times - Chinese premier calls for 'dialogue' as US senator visits Beijing

EUR -
AED 3.963184
AFN 77.1449
ALL 98.458641
AMD 422.748194
ANG 1.943816
AOA 986.746847
ARS 1155.212956
AUD 1.711066
AWG 1.944896
AZN 1.830113
BAM 1.94988
BBD 2.177708
BDT 131.054517
BGN 1.955905
BHD 0.406709
BIF 3156.071797
BMD 1.078999
BND 1.44135
BOB 7.452373
BRL 6.150189
BSD 1.078535
BTN 92.449159
BWP 14.70449
BYN 3.529649
BYR 21148.378534
BZD 2.166422
CAD 1.540319
CDF 3096.726824
CHF 0.952416
CLF 0.025862
CLP 992.441226
CNY 7.830724
CNH 7.83965
COP 4427.941756
CRC 537.772181
CUC 1.078999
CUP 28.593471
CVE 110.599379
CZK 24.89833
DJF 191.759553
DKK 7.460349
DOP 68.246401
DZD 144.322197
EGP 54.562933
ERN 16.184984
ETB 139.408164
FJD 2.477707
FKP 0.835681
GBP 0.833597
GEL 2.988584
GGP 0.835681
GHS 16.730885
GIP 0.835681
GMD 77.807807
GNF 9336.613523
GTQ 8.314122
GYD 225.906107
HKD 8.389098
HNL 27.63068
HRK 7.536487
HTG 141.480063
HUF 398.300502
IDR 17877.815745
ILS 3.958475
IMP 0.835681
INR 92.361018
IQD 1413.859336
IRR 45439.372752
ISK 144.038654
JEP 0.835681
JMD 168.995435
JOD 0.765043
JPY 161.789955
KES 139.641994
KGS 94.628695
KHR 4323.870295
KMF 491.731472
KPW 971.030794
KRW 1583.079075
KWD 0.332894
KYD 0.897433
KZT 543.273616
LAK 23374.183766
LBP 96843.791723
LKR 320.425842
LRD 215.750191
LSL 19.619527
LTL 3.186003
LVL 0.652676
LYD 5.200372
MAD 10.348002
MDL 19.393365
MGA 5062.97613
MKD 61.326268
MMK 2265.356069
MNT 3757.217361
MOP 8.64028
MRU 42.803988
MUR 49.196628
MVR 16.6646
MWK 1871.548496
MXN 21.635374
MYR 4.784521
MZN 68.937526
NAD 19.619527
NGN 1646.047086
NIO 39.705196
NOK 11.35149
NPR 147.8469
NZD 1.882528
OMR 0.415318
PAB 1.078999
PEN 3.930699
PGK 4.410517
PHP 61.88226
PKR 302.411831
PLN 4.166894
PYG 8602.474718
QAR 3.927707
RON 4.97345
RSD 117.151034
RUB 90.418602
RWF 1551.047999
SAR 4.046287
SBD 9.188964
SCR 15.492933
SDG 648.491232
SEK 10.831857
SGD 1.445708
SHP 0.847924
SLE 24.598096
SLL 22626.068703
SOS 616.106298
SRD 39.603735
STD 22333.09884
SVC 9.441466
SYP 14029.090865
SZL 19.619527
THB 36.669385
TJS 11.769106
TMT 3.774192
TND 3.351674
TOP 2.598707
TRY 40.987897
TTD 7.341832
TWD 35.650186
TZS 2863.889177
UAH 44.991677
UGX 3955.259018
USD 1.078999
UYU 45.586398
UZS 13997.551633
VES 73.372487
VND 27665.604991
VUV 132.727922
WST 3.049402
XAF 655.641963
XAG 0.032059
XAU 0.000357
XCD 2.921192
XDR 0.811323
XOF 655.641963
XPF 119.331742
YER 265.619527
ZAR 19.709021
ZMK 9712.280562
ZMW 31.118608
ZWL 347.437207
  • RBGPF

    0.0200

    67.02

    +0.03%

  • RYCEF

    0.2700

    10.4

    +2.6%

  • VOD

    0.0600

    9.35

    +0.64%

  • RELX

    0.5900

    50.4

    +1.17%

  • SCS

    -0.2600

    10.58

    -2.46%

  • AZN

    -1.0400

    73.05

    -1.42%

  • RIO

    0.6400

    62.81

    +1.02%

  • CMSC

    -0.1200

    23.05

    -0.52%

  • NGG

    0.1500

    62.99

    +0.24%

  • GSK

    0.0100

    38.58

    +0.03%

  • BTI

    -0.1300

    40.71

    -0.32%

  • JRI

    -0.0600

    12.99

    -0.46%

  • BCC

    -1.9500

    101.33

    -1.92%

  • BCE

    0.0100

    22.53

    +0.04%

  • BP

    0.1800

    34.29

    +0.52%

  • CMSD

    -0.1170

    22.96

    -0.51%

Chinese premier calls for 'dialogue' as US senator visits Beijing
Chinese premier calls for 'dialogue' as US senator visits Beijing / Photo: Ng Han Guan - POOL/AFP

Chinese premier calls for 'dialogue' as US senator visits Beijing

China's number two leader on Sunday called for "dialogue" with Washington, during a meeting in Beijing attended by prominent US business executives and a key congressional ally of President Donald Trump.

Text size:

Relations between the world's two largest economies have plunged in recent weeks, as blanket tariffs imposed by Trump threaten China's trade prospects.

Premier Li Qiang's comments came during a meeting with Trump supporter Steve Daines, a Republican senator from Montana.

His visit has been viewed as a bid to ease strained relations, with an eye toward setting up a summit between Trump and Chinese President Xi Jinping.

"Our two sides need to choose dialogue over confrontation, win-win cooperation over zero-sum competition," Li told Daines.

CEOs of major firms including FedEx, Pfizer and Qualcomm were also present.

Li said he hoped Washington would "work together with China to promote the steady, sound and sustainable development" of relations.

Earlier on Sunday, Li told the China Development Forum that Beijing would pursue economic globalisation despite "fragmentation", a thinly veiled reference to trade turmoil sparked by Trump.

- 'Rough waters' -

Chinese leaders have been attempting to steer a shaky economy onto a more stable path since the end of the pandemic, particularly by boosting consumption.

They are seeking to position the country as a defender of the multilateral economic system, as Trump wages tariff wars with major US trading partners including China, Canada and Mexico.

"China will firmly stand on the correct side of history, that of fairness and justice, and act in a righteous manner amid the rough waters of the times," Li said at the annual forum, attended by business leaders including Apple CEO Tim Cook.

Beijing will "adhere to the correct direction of economic globalisation, practice true multilateralism and strive to be a force for stability and certainty", Li said.

In an apparent reference to renewed trade wars sparked by Trump, Li said that "global economic fragmentation is intensifying" and that "instability and uncertainty are on the rise".

- 'Candid dialogue' -

Talks were also expected to discuss the flow of the deadly drug fentanyl and its precursor chemicals from China into the United States.

Trump says his new tariffs on China are due to Beijing's failure to stem shipments of the chemicals, which underpin a devastating drug crisis.

Beijing insists it has already cracked down on the illicit production and trade of drugs, describing the issue as one for Washington to solve.

Daines on Saturday also met with Vice Premier He Lifeng, a close advisor to President Xi Jinping on economic matters.

During his meeting with Daines, He said that China "firmly opposes the politicisation, weaponisation and instrumentalisation of economic and trade issues".

The vice premier added that China was willing to "engage in candid dialogue" with the United States, saying they had "many common interests and broad space for cooperation".

The tariffs imposed by Trump amount to a 20 percent blanket hike on Chinese overseas shipments to the United States.

China's exports reached record heights last year, but observers warn that turbulence in the global trading system could soon force Beijing to find other ways to boost activity.

Beijing says it is targeting growth this year of around five percent -- the same as last year and a goal considered ambitious by many economists.

T.Ueda--JT