BR100 Increased By (2.94%)
BR30 Increased By (3.47%)
KSE100 Increased By (2.69%)
KSE30 Increased By (2.84%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
World

China's Xi tells Trump cooperation is only choice

Published November 14, 2016 Updated November 14, 2016 08:44am

imageBEIJING/WASHINGTON: Chinese President Xi Jinping told U.S. President-elect Donald Trump that cooperation was the only choice for relations between the world's two largest economies, with Trump saying the two had established a "clear sense of mutual respect".

Trump lambasted China throughout the U.S. election campaign, drumming up headlines with his pledges to slap 45 percent tariffs on imported Chinese goods and to label the country a currency manipulator on his first day in office.

His election has injected uncertainty into relations at a time when Beijing hopes for stability as it faces daunting reform challenges at home, slowing growth and a leadership reshuffle of its own that will put a new party elite around Xi in late 2017.

In their first interaction since the U.S. election, Chinese state media said Xi told Trump in a telephone call on Monday that as the world's largest developing and developed economies, there were many areas where China and the United States could cooperate.

"The facts prove that cooperation is the only correct choice for China and the United States," China Central Television (CCTV) cited Xi as saying.

Xi's remarks were a reiteration of phrasing typically used by Beijing to describe bilateral relations.

The two sides must "promote the two countries' economic development and global economic growth" and "push for better development going forward in China-U.S. relations", Xi said.

"During the call, the leaders established a clear sense of mutual respect for one another, and President-elect Trump stated that he believes the two leaders will have one of the strongest relationships for both countries moving forward," a statement from Trump's presidential transition office said.

The two agreed to maintain close communications and meet soon, CCTV said. Xi had congratulated Trump in a message delivered shortly after his surprise election victory last week.

There is intense speculation over the impact of Trump's win on issues facing the two countries, from climate change and global trade to the security balance in the Asia-Pacific.

Trump's criticism of U.S. allies, including Japan, for free-riding on U.S. security guarantees, has deepened anxiety among Washington's allies about its commitment to post-war security arrangements in the face of a rising China and volatile North Korea.

Trump appears to be seeking quick ways to withdraw the United States from a global accord to combat climate change, which has been billed by China and U.S. President Barack Obama as a key area for cooperation.

China has also signalled it will promote plans for regional trade integration, vowing to seek support for a Beijing-backed Asia-Pacific free trade area at a summit in Peru later this month, after Trump's win dashed hopes for the U.S.-led Trans-Pacific Partnership (TPP).

Copyright Reuters, 2016

Comments

Comments are closed for this article.