China and the United States should resume timely communication on trade and other issues, a former senior Chinese official said on Thursday, stressing that the world's two biggest economies are too intertwined to be decoupled.
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song
Zhu Guangyao, an adviser to the cabinet and former vice finance minister, made the remarks at a briefing in Beijing. China should prepare for a long battle to prevent and resolve financial risks and control shadow banking and financing to property sector, Wang added.
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