Comments by China's commerce ministry
- Currently in communication with US to prepare for next round of talks
- Estimates that China's trend of solid foreign trade will continue for rest of the year
- Hopes China-US trade relationship can be driver of improvement in global economy
- China's stance on US' $50bn tariffs hasn't changed
- Urges US to withdraw trade threats
At least it seems that there is some form of progress - even if it's just on the surface - and that will help to ease market jitters of the trade rhetoric blowing up into something bigger and uglier.
