China President Xi Jinping Tells Donald Trump the 2 Countries Must Cooperate

Source: Fortune on November 14, 2016 | Reuters

Donald Trump had lambasted China throughout the U.S. election campaign.

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% 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.

Donald Trump had lambasted China throughout the U.S. election campaign.

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% 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.

Read more here