China vice-FinMin: China and US to discuss 1 year economic cooperation plan

Chinese vice-finance minister was on the wires last hour, via Bloomberg, throwing fresh light on China-US relationship.

Main Headlines:

Economic talks with the US stabilises world expectations

China and US to discuss 1 year economic cooperation plan

China looks forward to further talks with US

welcomes US participation in belt and road initiative

economic talks did not include politics

China does not purse a trade surplus with US

China/US trade imbalance exists but is overestimated