China’s Vice-Premier He Lifeng will hold trade talks with US officials during a visit to Malaysia from Friday to Monday, Beijing’s Ministry of Commerce said on Thursday.
The two sides will “consult on important issues in China-US economic and trade relations” in keeping with the “consensus reached during multiple phone calls by the two nations’ leaders this year”, the ministry confirmed in a statement on its official website.
US Secretary of the Treasury Scott Bessent said on social media last week that he and the Chinese vice-premier “engaged in frank and detailed discussions” over a video call, adding that the two sides planned to meet in Malaysia.
Before the announcement, trade tensions between the countries had flared up this month amid a barrage of economic sanctions, export controls and a warning of 100 per cent tariff hikes from Trump, threatening to undo months of negotiations and multiple extensions of a temporary truce after the conflict peaked in April.
Trump says Xi meeting scheduled in South Korea
Trump says Xi meeting scheduled in South Korea
