Wen says China doesn't seek trade surplus with US

AP News
Posted: Nov 18, 2009 10:01 AM

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.