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
- Tesla Becomes 1st Major Customer for Intel's 14A Chipmaking Process
- Trump Envoy Seeks to Replace Iran with Italy in World Cup
- Musk Warns of Likely SpaceX Chip Shortage, Aims to Make GPUs In-House
- South Korea's Q1 GDP Growth Roars Past Market on AI Chip Demand
- Xpeng to Begin Delivering Flying Cars in 2027
- TSMC Squeezes Smaller, Faster Chips from Old ASML Gear
- Jawbone Shaving and the Feminization of Korean Male Beauty Standards
- The Reality Behind the Asian Child Labor Scandals that Rocked Mega Brands
- Song: Thumb of Thunder
- SK Hynix to Invest $13 Billion in South Korea Plant to Meet AI Memory Demand
