China to hold trade talks with US delegation in South Korea<\/figcaption><\/figure>\n<\/div>\nRecent updates suggest that China will hold trade talks with the US delegation in South Korea.<\/p>\n
A delegation from the United States is meeting with Chinese officials to exchange views and potentially work toward reducing trade friction between the two economies.<\/p>\n
Chinese Vice Premier He Lifeng will lead a delegation to South Korea for trade talks with US counterparts on May 12-13, China’s commerce ministry said on Sunday.<\/p>\n
According to a statement published by the ministry on its website, the discussions will follow the consensus reached during prior calls and meetings between the top leaders of the two countries, including their meeting in Busan in October, and will focus on economic and trade issues of mutual concern.<\/p>\n
US President Donald Trump is expected to visit China this week, and the White House has invited a small CEO delegation to accompany Trump to Beijing, Reuters reported, citing sources.<\/p>\n
The talks are part of the two countries’ ongoing efforts to address economic issues such as trade tariff market access and broader disputes.<\/p>\n
Trade negotiations are diplomatic meetings where governments attempt to negotiate agreements or resolve tensions related to imports, exports and economic policies.<\/p>\n
Rather than holding the meeting in China or the United States, choosing a different location suggests a neutral ground for both parties as such a neutral approach is often used to facilitate negotiations in a more balanced and diplomatic setting.<\/p>\n<\/p><\/div>\n