China, U.S. commerce chiefs to cooperate on handling differences, Beijing says

Top U.S. and Chinese commerce officials spoke by telephone and agreed to promote healthy trade and cooperate over differences, China’s commmerce ministry said on Thursday, the latest high-level exchange as the countries spar over disagreements.

Both sides recognise the importance of business exchanges and will keep lines of communication open, the Chinese statement said after Commerce Minister Wang Wentao spoke with U.S. Commerce Secretary Gina Raimondo.

“They agreed to promote the healthy development of trade and investment and cooperate in a pragmatic way to handle their differences,”…