China’s top envoy meets US business leaders, urges stable ties

US President Donald Trump is set to make the final call on maintaining a tariff truce with the world’s second-largest economy before it expires in two weeks

    • During the meeting, Wang has touted that China’s economy maintained steady growth with positive momentum during the first half of 2025, despite challenges.
    • During the meeting, Wang has touted that China’s economy maintained steady growth with positive momentum during the first half of 2025, despite challenges. PHOTO: BLOOMBERG
    Published Thu, Jul 31, 2025 · 07:06 AM

    [LONDON] Beijing is willing to strengthen engagement with Washington to avoid misjudgments and manage differences in an effort to promote “stable, healthy and sustainable” bilateral relations, according to China’s top diplomat.

    China and the US should establish more channels for communication and consultation and view each other objectively and pragmatically, Chinese Foreign Minister Wang Yi told a high-level US business delegation in Beijing on Wednesday (Jul 30), according to a Chinese government statement.

    “China’s policy towards the US remains consistent and stable” no matter how international situations change, Wang told the visiting US-China Business Council board of directors, led by chair and FedEx CEO Rajesh Subramaniam.

    Wang’s comments came a day after Chinese and US officials meeting in Stockholm concluded their third round of trade talks in less than three months. US President Donald Trump is set to make the final call on maintaining a tariff truce with China before it expires in two weeks.

    Among the participants in the Beijing meeting were Goldman Sachs chief operating officer John Waldron, Apple chief operating officer Sabih Khan, Boeing senior vice-president Brendan Nelson, Otis Worldwide chair Judy Marks, Thermo Fisher Scientific chair Marc Casper and United Family Healthcare founder Roberta Lipson, according to the statement.

    During the meeting, Wang touted that China’s economy maintained steady growth with positive momentum during the first half of 2025, despite challenges. He said that he hoped American companies would continue to invest in China. BLOOMBERG

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