China’s Hu says will work U.S. on trade imbalances – Reuters

From Reuters:

President Hu Jintao told President George W. Bush on Tuesday that China was willing to work with the United States to ease a growing trade imbalance and acknowledged there were frictions in the economic relationship.

“What I would like to stress here is that China does not pursue a huge trade surplus with the United States and we’re willing to work with the United States to take effective measures to increase China’s imports from the United States,” Hu said at the start of a meeting with Bush on the sidelines of a United Nations summit.

See also the White House transcript of Bush and Hu’s remarks.

September 13, 2005, 6:24 PM
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