China’s Premier Vows to Back Balanced Trade as Exports Surge

Li Qiang speaks at the China Development Forum in Beijing on March 22.Photographer: Qilai Shen/Bloomberg

Premier Li Qiang pledged to address worries that trade partners have about China’s large surplus, underscoring Beijing’s concern the issue could disrupt relations with more nations during a truce with the US in the tariff dispute.

“We take our trading partners’ concerns seriously and we are ready to work with all parties to promote the sound and balanced development of trade,” Li said in a keynote speech at the China Development Forum in Beijing on Sunday.