“We hope that China and U.S. can reach an agreement with mutual respect, mutual benefit with equal treatment for each other,” said Zhu Guangyao told CNBC’s “Squawk Box.”
“That’s not (just) important for China and for U.S. — also for the world,” he said, explaining that global economies are so closely integrated.
On Friday, Chinese representatives, who were in Washington to discuss trade ahead of next month’s high-level talks, unexpectedly cancelled a planned trip to meet with U.S. farmers. That development sent the S&P 500 down slightly.
Global markets have been rattled by the prolonged U.S.-China trade fight, with investors worried that it could tip the world…