Wen Says China Doesn't Seek Trade Surplus with U.S.
By wchung | 23 Apr, 2026
China’s premier has told President Barack Obama that Beijing doesn’t seek a trade surplus with the U.S.
China is a huge and lucrative market for American goods and services, but exports more than it imports — a bone of contention between the two governments.
China’s Foreign Ministry says on its Web site that Premier Wen Jiabao told Obama in a meeting Wednesday that he hopes the two countries can achieve a “leveling of bilateral trade flows.”
Wen said China would like Washington to lift restrictions on exports of high-tech items that could have both civilian and military use.
The ministry said he also noted that robust global trade and investment would help overcome the international financial crisis.
11/18/2009 9:59 AM BEIJING (AP)
Recent Articles
- Cannabis Shares Retreat from Rally on Narrow Scope of Rescheduling
- White House Accuses China of Industrial-Scale Distilling of AI Models
- AI Turns Engineers and Project Managers into 'Builders'
- US Farmers Bet on Peas and Lentils on GLP-1-Related Protein Maxxing Trend
- Lee's Visit Produces 73 S. Korea-Vietnam Business Deals
- Biggest IPO Wave Ever Creates $3 Trillion Value on Zero Profits
- Marijuana Products Reclassified As Less-Dangerous Drug
- China's Global EV Push Backed by Ambition and Hard Domestic Landscape
- Keurig Dr Pepper Beats As Strong Beverage Demand Offsets Coffee Weakness
- Huawei to Invest $2.6 Billion for Leadership in Smart Driving Tech
