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President Hu hopes to reduce China-US trade tensions
NEW YORK: US President George W. Bush has accepted President Hu Jintao's invitation to visit China in November, a senior White House official said on Tuesday. Mike Green, the US national security council director for Asian affairs, told reporters the visit would take place after the Asia-Pacific Economic Co-operation (APEC) meeting in the Republic of Korea, but did not give specific details of Bush's schedule. The two presidents held talks on Tuesday afternoon local time, immediately after Hu arrived in New York to attend the summit on the 60th anniversary of the establishment of the United Nations. China will jointly work with the United States to ease the trade frictions and to address bilateral trade imbalance through trade co-operation, Hu said. He said that he hopes the US side will ease its restrictions on exports to China, particularly its high-tech exports, and take corresponding active measures to enhance the trade balance between the two countries. The Chinese president pointed out that due to the rapid and large-scale development concerning the trade ties, the emergence of some frictions and disputes are inevitable. "A sound and steadily growing China-US relationship not only serves the interests of our two peoples, but also contributes to peace, stability and development in the world," Hu said. "The mutually beneficial and win-win co-operation is the mainstream of our
relationship," which "on the whole, has been developing quite well," he said.
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