China tells visiting senators both must work together

Reuters News
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Posted: Apr 20, 2011 10:57 AM
China tells visiting senators both must work together

BEIJING (Reuters) - Chinese Vice Premier Wang Qishan told a group of visiting U.S. senators Wednesday that both countries must work together to increase trust and avoid politicizing economic issues, adding that ensuring the global recovery should be a priority.

The world's two largest economies have in recent years jousted over everything from Tibet to Taiwan and the value of the Chinese currency, which many U.S. politicians say Beijing keeps artificially low to help boost exports.

"The economies of China and the United States are highly mutually complementary and cannot do without each other," the central government paraphrased Wang as telling a delegation led by U.S. Senate Democratic Leader Harry Reid.

"Relations have already far exceeded just being bilateral in scope and have increasing global influence," Wang said, according to a statement posted on the China's government's main internet portal (www.gov.cn).

Wang added that both countries should avoid politicizing economic issues and stressed the need for increasing communication and mutual understanding.

"During the present highly complicated situation, the first task is to ensure the full recovery of the global economy," Wang said, adding China was committed to balancing its economy and boosting domestic demand.

The statement did not mention the currency issue, but the delegation also met with the Chinese central bank governor, Zhou Xiaochuan.

In a separate statement, Reid said the relationship between Washington and Beijing was important not only for the two nations but for the world.

"How the United States and China work together on commerce, currency and clean energy will help determine the future health of the global economy," Reid said.

(Reporting by Ben Blanchard; Editing by Yoko Nishikawa)