China downplays tensions with U.S. as Xi prepares to meet TrumpBEIJING/WASHINGTON (Reuters) - Beijing sought to play down tensions with the United States and put on a positive face on Friday as the U.S. administration slammed China on a range of business issues ahead of President Xi Jinping’s first meeting with President Donald Trump. Trump set the tone for what could be a tense meeting at his Mar-a-Lago retreat next week by tweeting on Thursday that the United States could no longer tolerate massive trade deficits and job losses. Trump said the highly anticipated meeting, which is also expected to cover differences over North Korea and China’s strategic ambitions in the South China Sea, “will be a very difficult one.” Ahead of the meeting, Trump signed executive orders on Friday aimed at identifying abuses that are causing massive U.S. trade deficits and clamping down on non-payment of anti-dumping and anti-subsidy duties on imports, his top trade officials said. Separately, the U.S. Trade Representative’s office, which is controlled by the White House, said Beijing’s industrial policies and financial support for industries such as steel and aluminum have resulted in over-production and a flood of exports that have distorted global markets and undermined competitive companies. Seeking to downplay the rift, Chinese Foreign Ministry spokesman Lu Kang reiterated a desire for cooperation on trade. “With regard to the problems existing between China and the United States in trade relations, both sides should in a mutual respectful and mutual beneficial way find appropriate resolutions, and ensure the stable development of Sino-U.S. trade relations,” he told a daily news briefing.  The leaders of the world’s two largest economies are scheduled to meet next Thursday and Friday for the first time since Trump assumed office on Jan. 20. White House spokesman Sean Spicer said the United States has “serious concerns” on the U.S. trade relationship with China. “This isn’t a sit around and play patty-cake kind of conversation,” he told reporters. “They’re big issues.” Trump “wants to have a very good and respectful and healthy relationship, but he also wants to make sure that he tackles the challenges and the problems that are facing American workers,” Spicer said. Speaking earlier at a briefing on the Xi-Trump meeting, Chinese Vice Foreign Minister Zheng Zeguang acknowledged the trade imbalance, but said it was mostly due to differences in their two economic structures and noted that China had a trade deficit in services. “China does not deliberately seek a trade surplus. We also have no intention of carrying out competitive currency devaluation to stimulate exports. This is not our policy,” Zheng said. State news agency Xinhua also struck a conciliatory tone. “Of course, it would be naive to believe that the two sides can bridge their differences in a single diplomatic meeting,” it said in an English language commentary on Friday.  “Yet as long as the two nations can maintain their good faith, which they have shown recently, to talk and to make concessions based on mutual respect, then no difference would be too difficult to iron out.” Trump has frequently accused China of keeping its yuan currency artificially low against the dollar to make Chinese exports cheaper, and “stealing” American manufacturing jobs. The yuan fell 6.5 percent last year in its biggest annual loss against the dollar since 1994, knocked by pressure from sluggish economic growth and a broadly strong U.S. currency. Trump has resisted acting on a campaign promise to declare China a currency manipulator on his first day in office, but tensions have persisted over how his administration’s China policy would evolve. While apprehensive about a trade war, the American business community in China has grown more vocal. Fear of retaliation had once made business lobbies eschew more forceful U.S. trade policies toward China, but such groups have increasingly urged the Trump administration to take targeted action to address market access imbalances. Zheng said domestic consumption in China will increase as it pursues economic reforms, helping to raise demand for foreign goods and services, including those from the United States. “This also helps ameliorate the trade imbalance between China and the United States,” he said. The trade imbalance could be resolved by improved  cooperation, Zheng said, urging Washington to lift restrictions on civilian technology exports to China and create better conditions for Chinese investment in the United States.  The USTR report, however, accused China of using a range of measures to engineer the transfer of foreign technology to local firms. It said these include denying financial or regulatory approvals to companies using foreign-owned intellectual property or that do not conduct research or make products in China. The report also brought up longstanding complaints about online piracy of movies, books, music, video games and software in China as well as a ban on U.S. beef that has been in place since 2003. politicsNews
china downplays tensions xi prepares meet reuters beijing sought play tensions united states put positive face friday administration slammed china range business issues ahead president xi winning first meeting president donald trump trump set tone could tense meeting retreat next week meeting thursday united states could longer tolerate massive trade deficits job losses trump said highly anticipated meeting also expected cover differences north korea china strategic ambitions south china sea difficult ahead meeting trump signed executive orders friday aimed identifying abuses causing massive trade deficits camping duties imports top trade officials said separately trade representative office controlled white house said beijing industrial policies financial support industries steel aluminum resulted flood exports distorted global markets undermined competitive companies seeking downplay rift chinese foreign ministry spokesman lu kang reiterated desire cooperation trade with regard problems existing china united states trade relations sides mutual respectful mutual beneficial way find appropriate resolutions ensure stable development trade relations told daily news briefing the leaders world two largest economies scheduled meet next thursday friday first time since trump assumed office white house spokesman sean spider said united states serious concerns trade relationship china this sit around play kind conversation told reporters they big trump wants good respectful healthy relationship also wants make sure tackles challenges problems facing american workers spider said speaking earlier briefing meeting chinese vice foreign minister cheng zeguang acknowledged trade imbalance said mostly due differences two economic structures noted china trade deficit services china deliberately seek trade surplus we also intention carrying competitive currency evaluation stimulate exports this policy cheng said state news agency lingua also struck conciliatory tone of course would naive believe two sides bridge differences single diplomatic meeting said english language commentary friday yet long two nations maintain good faith shown recently talk make concessions based mutual respect difference would difficult iron trump frequently accused china keeping yuan currency artificially low dollar make chinese exports cheaper stealing american manufacturing jobs the yuan fell percent last year biggest annual loss dollar since knocked pressure sluggish economic growth broadly strong currency trump resisted acting campaign promise declare china currency manipulation first day office tensions persisted administration china policy would evolve while apprehension trade war american business community china grown vocal fear retaliation made business lobbies screw forceful trade policies toward china groups increasingly urged trump administration take targeted action address market access imbalance cheng said domestic consumption china increase pursues economic reforms helping raise demand foreign goods services including united states this also helps ameliorate trade imbalance china united states said the trade imbalance could resolved improved cooperation cheng said urging washington lift restrictions civilian technology exports china create better conditions chinese investment united states the user report however accused china using range measures engineer transfer foreign technology local firms it said include denying financial regulatory approvals companies using intellectual property conduct research make products china the report also brought longstanding complaints online piracy movies books music video games software china well ban beef place since politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: China downplays tensions with U.S. as Xi prepares to meet TrumpBEIJING/WASHINGTON (Reuters) - Beijing sought to play down tensions with the United States and put on a positive face on Friday as the U.S. administration slammed China on a range of business issues ahead of President Xi Jinping’s first meeting with President Donald Trump. Trump set the tone for what could be a tense meeting at his Mar-a-Lago retreat next week by tweeting on Thursday that the United States could no longer tolerate massive trade deficits and job losses. Trump said the highly anticipated meeting, which is also expected to cover differences over North Korea and China’s strategic ambitions in the South China Sea, “will be a very difficult one.” Ahead of the meeting, Trump signed executive orders on Friday aimed at identifying abuses that are causing massive U.S. trade deficits and clamping down on non-payment of anti-dumping and anti-subsidy duties on imports, his top trade officials said. Separately, the U.S. Trade Representative’s office, which is controlled by the White House, said Beijing’s industrial policies and financial support for industries such as steel and aluminum have resulted in over-production and a flood of exports that have distorted global markets and undermined competitive companies. Seeking to downplay the rift, Chinese Foreign Ministry spokesman Lu Kang reiterated a desire for cooperation on trade. “With regard to the problems existing between China and the United States in trade relations, both sides should in a mutual respectful and mutual beneficial way find appropriate resolutions, and ensure the stable development of Sino-U.S. trade relations,” he told a daily news briefing.  The leaders of the world’s two largest economies are scheduled to meet next Thursday and Friday for the first time since Trump assumed office on Jan. 20. White House spokesman Sean Spicer said the United States has “serious concerns” on the U.S. trade relationship with China. “This isn’t a sit around and play patty-cake kind of conversation,” he told reporters. “They’re big issues.” Trump “wants to have a very good and respectful and healthy relationship, but he also wants to make sure that he tackles the challenges and the problems that are facing American workers,” Spicer said. Speaking earlier at a briefing on the Xi-Trump meeting, Chinese Vice Foreign Minister Zheng Zeguang acknowledged the trade imbalance, but said it was mostly due to differences in their two economic structures and noted that China had a trade deficit in services. “China does not deliberately seek a trade surplus. We also have no intention of carrying out competitive currency devaluation to stimulate exports. This is not our policy,” Zheng said. State news agency Xinhua also struck a conciliatory tone. “Of course, it would be naive to believe that the two sides can bridge their differences in a single diplomatic meeting,” it said in an English language commentary on Friday.  “Yet as long as the two nations can maintain their good faith, which they have shown recently, to talk and to make concessions based on mutual respect, then no difference would be too difficult to iron out.” Trump has frequently accused China of keeping its yuan currency artificially low against the dollar to make Chinese exports cheaper, and “stealing” American manufacturing jobs. The yuan fell 6.5 percent last year in its biggest annual loss against the dollar since 1994, knocked by pressure from sluggish economic growth and a broadly strong U.S. currency. Trump has resisted acting on a campaign promise to declare China a currency manipulator on his first day in office, but tensions have persisted over how his administration’s China policy would evolve. While apprehensive about a trade war, the American business community in China has grown more vocal. Fear of retaliation had once made business lobbies eschew more forceful U.S. trade policies toward China, but such groups have increasingly urged the Trump administration to take targeted action to address market access imbalances. Zheng said domestic consumption in China will increase as it pursues economic reforms, helping to raise demand for foreign goods and services, including those from the United States. “This also helps ameliorate the trade imbalance between China and the United States,” he said. The trade imbalance could be resolved by improved  cooperation, Zheng said, urging Washington to lift restrictions on civilian technology exports to China and create better conditions for Chinese investment in the United States.  The USTR report, however, accused China of using a range of measures to engineer the transfer of foreign technology to local firms. It said these include denying financial or regulatory approvals to companies using foreign-owned intellectual property or that do not conduct research or make products in China. The report also brought up longstanding complaints about online piracy of movies, books, music, video games and software in China as well as a ban on U.S. beef that has been in place since 2003. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: china downplays tensions xi prepares meet reuters beijing sought play tensions united states put positive face friday administration slammed china range business issues ahead president xi winning first meeting president donald trump trump set tone could tense meeting retreat next week meeting thursday united states could longer tolerate massive trade deficits job losses trump said highly anticipated meeting also expected cover differences north korea china strategic ambitions south china sea difficult ahead meeting trump signed executive orders friday aimed identifying abuses causing massive trade deficits camping duties imports top trade officials said separately trade representative office controlled white house said beijing industrial policies financial support industries steel aluminum resulted flood exports distorted global markets undermined competitive companies seeking downplay rift chinese foreign ministry spokesman lu kang reiterated desire cooperation trade with regard problems existing china united states trade relations sides mutual respectful mutual beneficial way find appropriate resolutions ensure stable development trade relations told daily news briefing the leaders world two largest economies scheduled meet next thursday friday first time since trump assumed office white house spokesman sean spider said united states serious concerns trade relationship china this sit around play kind conversation told reporters they big trump wants good respectful healthy relationship also wants make sure tackles challenges problems facing american workers spider said speaking earlier briefing meeting chinese vice foreign minister cheng zeguang acknowledged trade imbalance said mostly due differences two economic structures noted china trade deficit services china deliberately seek trade surplus we also intention carrying competitive currency evaluation stimulate exports this policy cheng said state news agency lingua also struck conciliatory tone of course would naive believe two sides bridge differences single diplomatic meeting said english language commentary friday yet long two nations maintain good faith shown recently talk make concessions based mutual respect difference would difficult iron trump frequently accused china keeping yuan currency artificially low dollar make chinese exports cheaper stealing american manufacturing jobs the yuan fell percent last year biggest annual loss dollar since knocked pressure sluggish economic growth broadly strong currency trump resisted acting campaign promise declare china currency manipulation first day office tensions persisted administration china policy would evolve while apprehension trade war american business community china grown vocal fear retaliation made business lobbies screw forceful trade policies toward china groups increasingly urged trump administration take targeted action address market access imbalance cheng said domestic consumption china increase pursues economic reforms helping raise demand foreign goods services including united states this also helps ameliorate trade imbalance china united states said the trade imbalance could resolved improved cooperation cheng said urging washington lift restrictions civilian technology exports china create better conditions chinese investment united states the user report however accused china using range measures engineer transfer foreign technology local firms it said include denying financial regulatory approvals companies using intellectual property conduct research make products china the report also brought longstanding complaints online piracy movies books music video games software china well ban beef place since politicsnews