China said on Sunday it would “welcome” direct trade talks with the United States in Beijing.
The Chinese Commerce Ministry said in a brief statement that; “China has received a message from the US about its willingness to hold bilateral trade talks in Beijing. China welcomes this move.”
The message comes one day after US Treasury Secretary Steven Mnuchin said he would consider a trip to China, and is “cautiously optimistic” the United States could broker a trade deal with Beijing.
“A trip is under consideration,” Mnuchin told reporters at a press conference in Washington DC on Saturday. “I’m not going to make a comment on timing, nor do I have anything confirmed.”
On the sidelines of the IMF World Bank spring meeting, Mnuchin met with Yi Gang, governor of the People’s Bank of China, where they discussed China’s central bank, not trade, the secretary said.