Trump's ambassador to China plans to increase Sino-US trade ties

Time:2017-02-04 Browse:249 Author:RISINGSUN
US President Donald Trump`s pick for ambassador to China, Iowa governor Terry Branstad, said he would help increase trade in a "win-win" for both countries, Xinhua reported.

Beijing says it will work with Washington to resolve any trade disputes, but state media has warned of retaliation if the US takes the first steps toward a trade war.

Mr Branstad said he would help to work out differences and that there was immense potential for more Chinese investment in the United States.

"We want to continue to enhance the relationship and to increase trade between our two countries," Mr Branstad said.

"I hope ... that I can play a constructive role trying to work out many of these differences in a way that makes it a win-win. It is beneficial to both of our countries, and also benefits the rest of the world," he said.

"I think we have seen just the tip of the iceberg of the potential [Chinese] investments here," he said.

The nomination of the longtime Republican governor, who still faces a confirmation hearing, who has developed relationships with Chinese President Xi Jinping and other Chinese leaders, was well-received, even among some Democrats, Reuters reported.