00:00My first question is quite simple. How would you describe the mood in the room last night at the
00:04state banquet? Well I would say it was a very pleasant one and it was light and the Chinese
00:15and American guests sitting together talking to each other all the time. Especially I saw President
00:24Trump and the president Xi keep talking to each other throughout the banquet. The food was delicious.
00:31The music was good. So frankly speaking I haven't seen this kind of stuff for many many years in China
00:40U.S. relations. So it was indeed a memorable moment. Yeah something you haven't seen for some time
00:47which is interesting. Well how would you characterize what came out of these talks then.
00:53We have some deals that we know now but we're still unclear about the situation when it comes
00:58to rare earths or when it comes to chips. Would you say this is a reset in some ways or
01:05is that a bit overstretched right now that classification?
01:11Well I would say certainly this is a major effort by both sides to reset
01:18this relationship after so many years of up and down. First and foremost I think two leaders agree
01:26that we should pursue a common goal of constructive strategic stability in this relationship. Remember
01:34during the first Trump administration he used major power competition or strategic competition to describe
01:42China U.S. relations and this has led to very serious turbulence in bilateral relations over the last
01:5130 years. Now this time the two leaders agreed to a more positive definition of this relationship. Hopefully
02:00there will be more stability more predictability and more cooperation in this relationship.
02:11And also in trade and economics which many people you know pay a lot of attention to. I'm confident that
02:19there will be some major deals made some major grievance made which may come out today. And also in diplomatic
02:30and security relations we are also going to see some progress including military to military relations. So
02:40overall I would describe this successful visit and it bodes well for the future of bilateral relations.
02:52In terms of trade if we could talk a little bit more about that and obviously we still have
02:58the conversations and the discussions taking place over the next few hours today. So we'll have to wait and see
03:04what the details hold. But it's a sense you get that the Chinese side will be asking the U.S.
03:08to lower tariffs.
03:09What expectations should we have over tariffs?
03:15Well we certainly ask the U.S. to eliminate all the unilateral tariff. But frankly speaking
03:22tariff is not going to be a major issue for bilateral trade and economic relations. One I mean the U
03:30.S.
03:30Supreme Court has you know judged this as illegal. So it has to be eliminated. And for China actually
03:39since last year our overall import and export have performed very well. So the tariff war imposed by
03:48the U.S. didn't have much impact on China's overall export. So tariff as a leverage by the U.S.
03:55side
03:56has proved not that effective. And one anecdote to share with you. At the banquet I saw Secretary
04:05by said was very happy. So that means there should be some good progress in trade and in economics.
04:17Well I want to get your take on on this readout that came out on Taiwan from from the Chinese.
04:23Even when that you know President Trump President Xi was behind closed doors in the midst of these
04:28talks right. And people have been really parsing through the tone and language of what was said.
04:33or mishaling the issue between Taiwan could be a big to China and U.S. and put them into conflict.
04:42Would you say this sort of language is new and maybe more you know starker sort of
04:49language from the Chinese or how can what can we sort of glean from that.
04:57Well I would say it was pretty much direct and strong in terms of the tone.
05:06And I can understand why it happened as such. I think Taiwan issue after all is a key concern
05:17for the Chinese side and President Xi's priority on his political agenda. And especially given the recent
05:24U.S. arms to Taiwan. I think Beijing certainly didn't have feel happy about this. So basically
05:33by sending this strong warning to the U.S. side China wanted the U.S. to stop selling weapons to
05:42Taiwan
05:42and also to take a position opposing Taiwan independence. I think that's the intention behind the message.
05:53Xin Bua also on what was separately you mentioned military to military. If you could be more I guess
05:58specific on that and I'm not sure if it's related if it is if you could talk about that. If
06:03it's not I
06:03also want to get your thoughts on Iran and you know whether Iran came up and whether China has a
06:09role
06:09to play in helping the U.S. achieve its its objectives in Iran or reopening the Strait of Hormuz.
06:19Well briefly military to military relations. I think we can expect the consumption of high level
06:27foreign exchanges between two militaries following the summit. As for Iran I think both China and the United
06:36States want to say the reopening of the Strait of Hormuz and the free passage in that part of the
06:44water.
06:45And at the same time I think China is also going to urge Washington to sit down with Iran for
06:52the talk
06:53on the nuclear issue removing all the sanctions unilateral sanctions against Iran and respect Iran's
07:00legitimate right in developing the civil use of the nuclear power. So I think we are going to you know
07:11work with both U.S. and Iran in this case not just exert pressure on Iran as the U.S.
07:17would like to see to happen.
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