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U.S., Chinese presidents show similar but different views on N. Korea, trade Updated: 2017-11-10 07:30:11 KST

Day two of U.S. President Donald Trump's visit to China, was a jam-packed day for the two countries' leaders. The day's events also showed their similar but different approaches to the issues of North Korea and economic relations.
At the joint news conference held Thursday afternoon, the two leaders showed their commitment to denuclearizing North Korea and agreed on the need to fully implement the UN Security Council resolutions.
They also saw eye-to-eye in the need for relevant parties to pour their collective efforts into achieving peace and stability on the Korean peninsula and surrounding region.
But they still had diverging views on how to achieve the ultimate goal -- President Trump stressing sanctions and pressure, and President Xi emphasizing dialogue and negotiation.

"The two sides will continue to fully and strictly implement the UN Security Council resolutions, at the same time, the two sides will commit to work toward a solution through dialogue and negotiation."

"We agreed on the need to fully implement all UN Security Council resolutions on North Korea and to increase economic pressure until North Korea abandons its reckless and dangerous path."

At an event before the news conference to promote business exchanges, Trump has also called on Xi to play a bigger role.
He said China can solve the North Korea issue (quote)"very easily and quickly" and urged Beijing to cut off all financial links with North Korea.

But on the economic front, the two leaders were eager to further advance their bilateral trade and business ties.
At the event, Chinese companies signed business contracts and two-way investment deals with the U.S. worth over 2-hundred-50 billion U.S. dollars.
Bloomberg reports, most of the deals are likely to be concentrated in the energy sector.

But President Trump, just as he did with his Korean and Japanese counterparts, brought up the thorny issue of trade, saying he wants a fair and reciprocal trade.

"As we all know, America has a huge annual trade deficit with China. A number beyond anything what anybody would understand. This number's shockingly hundreds of billions of dollars each year -- estimates are as high as 500 billion dollars a year."

President Xi said China's investment in the U.S. is rising rapidly, helping to create over 1-hundred-40-thousand American jobs, and added:

"These are some great examples of the vast potential and the win-win nature of China-U.S. economic cooperation. China-U.S. economic relations and trade ties have achieved historic development, delivering benefits to our two peoples."

After his time with President Xi, Trump met with Chinese Premier Li Keqiang to discuss bilateral relations.
Oh Jung-hee, Arirang News.
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