A win-win alternative might be identified for US-China trade war says Hong Kongs best US diplo

2019012910:13

Hong Kong?highest-ranking US diplomat said on Thursday that he was confident his nation and China would locate a win-win remedy towards the ongoing trade war.

Kurt Tong, the US Consul Typical, was speaking within the Hong Kong Maritime Museum at a gap of the exhibition about the historical past of american traders in China.

Tong?speech came immediately after he satisfied Beijing?top-level formal on Hong Kong affairs while in the cash metropolis final 7 days, through a meeting where the latest developments had been talked about.

Tong said on Thursday: ?Its a fact that trade not only contributes for the own gain of these conducting the trade, it also contributes to balance, to regional peace and protection. It improves human being to man or woman engagement, fosters financial expansion, and naturally, in addition it spreads prosperity around economies and inside of economies. It truly positive aspects vast ranges of people?

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Tong claimed the US consulate was smitten by fostering its trade interactions. The consulate was founded in Hong Kong 175 several years ago, and is also the oldest US consulate in Asia.

He stated the key operate of your consulate, given that its starting, was to promote trade, for example attempting for getting shipments of silk and porcelain to your US, and merchandise like ginseng again from North The usa.

?We have got a indicating in English: the greater issues modify, the more they continue to be precisely the same. And trade is just an exceedingly crucial, vital element of Hong Kong?ˉs lifeblood,?± he said, adding that the marriage among the united states and China, and the total pacific region, worked in incredibly fundamental sets.

Tong claimed the scope of labor in the consulate had broadened, but that trade had normally been a optimistic force driving societies nearer collectively and developing opportunities.

?There is a powerful discussion about what many of the policies are, and may be, for honest trade. There is certainly a really active engagement getting location concerning president Trump and president Xi searching at this problem about exactly what are the right regulations for good trade concerning our nations,?± he said.

?But I'm self-confident that provided that the basic utility and gain that flows from potent trade transactions across oceans, that there's and can be located a win-win answer to these complications and this partnership will proceed to mature and prosper sooner or later.

Tong did not reply reporters?ˉ even further inquiries when he remaining the party.

Very last Friday Tong visited Beijing?ˉs Hong Kong and Macao Affairs Office environment and fulfilled with all the business? director Zhang Xiaoming. As outlined by the business, Tong requested the conference. The assembly was uncovered on Monday through the office on its web page LIU Wu.

A spokesperson with the consulate said that Tong and Zhang reviewed new developments in Hong Kong and Macau, along with how the US had contributed to their achievements.

Responding to the function, accountancy sector lawmaker Kenneth Leung mentioned on Wednesday that it was not rare for Tong and Zhang to satisfy. What was unusual was that the meeting was built community.

He claimed exactly what the office may be hinting at in revealing this meeting was its worries with regard to the existing condition in Hong Kong.

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