Gilles Herard, Capital Corp Merchant Banking

Gilles Herard Jr, Gilles Herard, Herard Gilles Jr
The U.S. is China's second-largest trade partner after the EU, and accounts for eighteen percent of China's total exports and imports.

"There do exist some events in our bilateral trade relations, including cooperation on high-tech products," Chinese commerce ministry spokesman Yao Jian told a press conference on Thursday
China's big surplus in its barter with the U.S. has become a global concern, he said.

"Of course, it's a separate issue as how to interpret the trade surplus. In a globalised world today, trade surplus doesn't necessarily mean trade benefits," Yao said, pointing out that China principally exports labour-intensive products.

"China is trying to promote trade balance. We have special working groups that are in talks with the United States. side on advertising trade balance and cooperation on hi-tech products."