Beijing tells Trump to be 'patient' after trade gap widens


He then went on board Liaoning, which is the country's only aircraft carrier - China is building a second which is expected to enter service by 2020 - to watch naval manoeuvrings and tactical training processes.

"Only by standing up for ourselves can we end the abuse, restore our prosperity and reclaim our economic independence", he said.

Xi said that China will sharply widen market access for foreign investors, a chief complaint of the country's trading partners and a point of contention for US President Donald Trump's administration, which has threatened billions of dollars in tariffs on Chinese goods.

"All of the operations that we do in and around the South China Sea or any of the bodies of water we operate in, there is a function of global law and that is ultimately what we want to recognize".

At least twice this year, the US Navy UU It has deployed destroyers near the island of Huangyan Dao in the South China Sea, also known as Scarborough Shoal.

China's trade surplus with the USA stood at USD58.3 billion in the first quarter.

The stand-off lies in the Trump administration´s ire at the massive trade imbalance and what it considers unfair practices by China that he says are costing American jobs.

Chinese People's Liberation Army navy soldiers of a guard of honor look at Chinese President Xi Jinping (Front) during a welcoming ceremony for King Hamad Bin Isa Al Khalifa of Bahrain outside the Great Hall of People on September 16, 2013 in Beijing, China.

Jia said, "actions speak louder than words".

China's ambassador to Peru warned on Wednesday that it would be disrespectful for the United States to drag Latin America into its trade dispute with Beijing, but told Reuters a potential trade war between the world's top two economies could bolster the region's exports. Originally administered as part of nearby Guangdong on the mainland, the South China Sea island was given province status in 1988 and was declared the country's fifth special economic zone as part of former leader Deng Xiaoping's opening up of China. Washington reports different figures that put the gap at a record $375.2 billion.

This year, the U.S. Navy executed at least two freedom-of-navigation operations near Scarborough Shoal, an area China now occupies after taking it from the Philippines in 2012, and Mischief Reef, which Beijing occupied in 1995. It said USTR would pursue a World Trade Organization case against Beijing's "discriminatory technology licensing". "Citizens please feel at ease", the statement said. He noted Beijing began a probe of US sorghum in February after Trump announced the steel and aluminum tariffs. China usurped the position by implementing cutthroat and protectionist trade policies that benefited its automobile manufacturing sector.