China's Ministry of Commerce informed that Chinese Vice Premier He Lifeng will lead a delegation to South Korea for trade negotiations with U.S. counterparts on May 12-13
A recent update reveals China will hold trade talks with a US delegation in South Korea.
A delegation from the United States meeting Chinese officials to exchange views and potentially work toward easing trade frictions between the two economies.
Chinese Vice Premier He Lifeng will lead a delegation to South Korea for trade negotiations with U.S. counterparts on May 12-13, China's Ministry of Commerce said on Sunday.
The discussions will follow consensus reached during prior calls and meetings between the two nations' top leaders, including their meeting in Busan in October, and will focus on economic and trade issues of mutual concern, according to a statement published by the ministry on its website.
U.S. President Donald Trump is expected to visit China this week, and the White House has invited a scaled-back CEO delegation to accompany Trump to Beijing, Reuters reported, citing sources.
Talks are part of ongoing efforts for both countries to address economic issues such as trade tariff market access and broader disputes.
Trade talks are diplomatic meetings where governments try to negotiate agreements or resolve tensions related to imports, exports, and economic policies.
Rather than holding the meeting in either China or the United States, choosing a different location suggests a neutral ground for both sides, as such a neutral approach is often used to facilitate dialogue in a more balanced and diplomatic setting.