China says it hopes U.S. can view bilateral trade properly, after Washington said Bejing blocked Boeing purchases

Record ID: 1639131

  • Title: China says it hopes U.S. can view bilateral trade properly, after Washington said Bejing blocked Boeing purchases
  • Date: 29th September 2021
  • Summary: BEIJING, CHINA (SEPTEMBER 29, 2021) (REUTERS) CHINESE FOREIGN MINISTRY SPOKESWOMAN HUA CHUNYING ARRIVING FOR REGULAR NEWS CONFERENCE NEWS CONFERENCE IN PROGRESS (SOUNDBITE) (Mandarin) CHINESE FOREIGN MINISTRY SPOKESWOMAN HUA CHUNYING, WHEN ASKED IF CHINA IS BLOCKING THE PURCHASE OF BOEING AIRPLANES AS SUGGESTED BY THE US COMMERCE SECRETARY, SAYING: "The true essence of China-U.S. economic and trade relations is mutual benefit and win-win. Fighting a trade war can only result in lose-lose. We hope that the U.S. can properly view the essence of China-U.S. economic and trade relations, in the spirit of mutual respect and equal consultation, work with China to properly handle the economic and trade between the two countries, and promote the healthy and stable development of Sino-U.S. economic and trade relations." JOURNALISTS SITTING (SOUNDBITE) (Mandarin) CHINESE FOREIGN MINISTRY SPOKESWOMAN, HUA CHUNYING, SAYING: "When it comes to the issue of economic and trade rules, China has always firmly upheld the multilateral trading system with the WTO (World Trade Organization) at its core and acted firmly in accordance with international trade rules." JOURNALISTS (SOUNDBITE) (Mandarin) CHINESE FOREIGN MINISTRY SPOKESWOMAN, HUA CHUNYING, SAYING: "I think this should be a matter between companies. The Ministry of Foreign Affairs will not intervene in such specific economic and trade transactions. We hope that both sides will develop healthy, normal, and mutually beneficial economic and trade cooperation relations based on the principles of respect for the market economy and trade rules." NEWS CONFERENCE IN PROGRESS EXTERIOR OF FOREIGN MINISTRY BUILDING CHINESE NATIONAL FLAG FLYING
  • Embargoed: 13th October 2021 11:40
  • Keywords: Boeing China U.S. deals planes trade trade deal
  • Location: BEIJING, CHINA
  • City: BEIJING, CHINA
  • Country: China
  • Topics: Asia / Pacific,Government/Politics,International Trade
  • Reuters ID: LVA001EWRTFV1
  • Aspect Ratio: 16:9
  • Story Text:China's foreign ministry said on Wednesday (September 29) it hoped the United States could view bilateral trade properly after the U.S. commerce secretary accused Beijing of preventing its domestic airlines from buying Boeing aircraft.
    China hopes the United States can follow market principles and work with Beijing, Hua Chunying, spokesperson at the Chinese foreign ministry, told a regular media briefing.
    The U.S. Commerce Secretary Gina Raimondo said a day earlier the Chinese government was preventing its domestic airlines from buying "tens of billions of dollars" of U.S.-manufactured Boeing airplanes.
    Raimondo said that China was not abiding by commitments to buy U.S. goods it made in 2020 as part of a trade deal with the previous administration.
    Boeing estimated that Chinese airlines will need 8,700 new airplanes through 2040, 1.2% higher than its previous prediction of 8,600 planes made last year. Those would be worth $1.47 trillion based on list prices, Boeing said.
    (Production: Martin Pollard)
  • Copyright Holder: REUTERS
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