Chinese Vice President Wang Qishan called for bilateral talks to resolve China-US trade frictions, and warned of the dangers of surging populism and unilateralism on Tuesday at the New Economy Forum (NEF) 2018 in Singapore.

"China will stay calm and sober-minded and embrace greater openness. Both China and the US would love to see greater trade and cooperation. We are ready to discuss and work out solutions on trade acceptable to both sides," Wang said at the forum, Bloomberg reported Tuesday. Bloomberg media group was the organizer of the NEF.

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