Trade Envoy: Trade and Liu

trade envoy: Liu said China and US working-level officials will meet next week to discuss trade balance, market access, investors' protection and other issues between the two economies, according to Global Times China. The two countries seem to have softened their stance lately as both economies face mounting downturn pressure. Chinese Vice Premier Liu He, who is also China's top trade envoy, met Thursday with Evan Greenberg, chairman of the US-China Business Council USCBC in Beijing, Xinhua News Agency reported. Vice Premier Liu He is expected to head a high-level trade group to Washington in October to kick off another round of high-profile trade talks. Greenberg said the US business sector does not want to see a hike in tariffs, and he hopes that the two countries will solve their differences through consultations which will bring bilateral trade back to normal. The stakes are high as the global economy is now struggling to avoid a recession. (news.financializer.com). As reported in the news.