China, U.S. maintaining normal economic, trade communications: MOFCOM
Updated 18:59, 26-Aug-2021

China and the U.S. have been maintaining normal communications in areas of economy and trade, said Gao Feng, spokesperson for China's Ministry of Commerce (MOFCOM), at a regular press conference on Thursday.

Gao said China believes additional tariffs imposed by the U.S. are neither good for the two countries, nor for global economic recovery.

In the first seven months of this year, bilateral trade between China and the U.S. increased by 40 percent year on year. Among them, China's imports from the U.S. increased 50.4 percent, and exports to the U.S. went up 36.9 percent, according to Gao.

"This fully demonstrates that the economies of the two countries are highly complementary and that bilateral economic and trade cooperation are in the interests of the two countries and their people," he said.

(Cover via CFP)

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