Hong Kong? highest-ranking US diplomat stated on Thursday that he was confident his place and China would locate a win-win resolution for the ongoing trade war.

Kurt Tong, the US Consul Normal, was speaking with the Hong Kong Maritime Museum at an opening of the exhibition about the background of yankee traders in China.

Tong? speech arrived following he satisfied Beijing? top-level formal on Hong Kong affairs from the money city final 7 days, throughout a meeting wherein current developments have been talked over.

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Tong stated on Thursday: It’s a reality that trade not just contributes to your private income of these conducting the trade, additionally, it contributes to steadiness, to regional peace and security. It improves human being to man or woman engagement, fosters financial expansion, and of course, furthermore, it spreads prosperity all over economies and inside of economies. It genuinely added benefits large ranges of men and women.?

Tong stated the US consulate was enthusiastic about fostering its trade interactions. The consulate was recognized in Hong Kong one hundred seventy five a long time ago, which is the oldest US consulate in Asia.

He said the primary perform in the consulate, due to the fact its starting, was to market trade, for instance trying to acquire shipments of silk and porcelain to the US, and things like ginseng back again from North The us.

?We have a very declaring in English: the greater matters change, the greater they stay a similar. And trade is just a very important, critical component of Hong Kong?lifeblood,? he claimed, incorporating which the romance involving the usa and China, as well as the overall pacific location, worked in very essential sets.

Tong claimed the scope of labor of the consulate had broadened, but that trade had constantly been a optimistic force driving societies closer collectively and making alternatives.

?There is often a powerful debate in excess of what a few of the rules are, and should be, for fair trade. There is a really active engagement taking location involving president Trump and president Xi seeking at this problem about what are the right regulations for fair trade involving our nations,? he reported.

?But I am confident that given that the basic utility and profit that flows from sturdy trade transactions throughout oceans, that there's and may be found a win-win answer to these complications and this connection will continue on to increase and prosper sooner or later?

Tong did not respond to reporters? even further queries when he remaining the party.

Last Friday Tong visited Beijing? Hong Kong and Macao Affairs Workplace and fulfilled while using the place of work?ˉs director Zhang Xiaoming. As outlined by the workplace, Tong requested the conference. The conference was exposed on Monday with the business office on its website.

A spokesperson to the consulate stated that Tong and Zhang talked about latest developments in Hong Kong and Macau, together with how the US experienced contributed to their results LIU Wu.

Responding into the occasion, accountancy sector lawmaker Kenneth Leung mentioned on Wednesday that it had been not rare for Tong and Zhang to fulfill. What was scarce was that the conference was produced public.

He explained exactly what the workplace could possibly be hinting at in revealing this conference was its considerations concerning the current condition in Hong Kong.

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