Cui said he was present at two previous meetings of Xi and Trump, and that top-level communication "played a key role, an irreplaceable role, in guiding the relationship forward".
The figures released by China's Customs Agency Friday (October 12), will be the last before the USA midterm elections on November 6th and could exacerbate the already heated dispute between China and the U.S.
China's top USA envoy said a meeting between presidents Xi Jinping and Donald Trump on the sidelines of next month's G20 summit would play a "key, irreplaceable role" in easing tensions. "For any other normal corporate borrower the decision might have been to stand on the sidelines and wait for the market to stabilize a bit, but China is a little bit of a different animal, " a banker who worked on the deal told Reuters. "Of course, presumably the President would take the final decision". But who is playing what role? One Chinese official appealed in June to "our American interlocutors to be credible and consistent" while another called the USA side "capricious".
Trump says that the bilateral trade between USA and China is not fair and balanced.
Meanwhile, when asked if he wanted to push China's economy into a depression, the United States president told CBS "no", before comparing the country's stock market losses since the tariffs began to those in 1929 - the start of the Great Depression in the US.
"But I rely on them, it's not in our country", he added.
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The U.S. has levied multiple waves of additional tariffs on a total $250 billion in Chinese goods with president Trump previously warning there are tariffs on another $300 billion in abeyance.
His move comes at a time when the U.S. economy has been growing robustly while Chinese growth has slowed, adding to the pressure on Beijing.
However, for the first time Mr. Trump came out in open to say that China also meddled in the 2016 presidential elections.
The US president said he wants a trade deal with China but doesn't think Beijing is ready for it yet. "Sometimes it could be very confusing", Cui said in the interview. "That's what is at stake".
Cui was also asked about Vice President Mike Pence's recent speech on U.S.
He accused Beijing of "predatory" trade practices, of military "aggression", of attacks on personal freedoms and religious minorities, and even of electoral interference aimed at unseating Mr Trump by running ads in American newspapers. "It's clear that there couldn't have been a different answer", Peskov said.
He agreed, however, with Trump's statement that the two leaders had a "very tough" meeting in Finland in July in terms of the "irritants" in relations discussed.