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Beijing wants to strike a trade deal with Washington within three months, China’s commerce ministry announced Thursday in its first comment on US-China trade negotiations since presidents Xi and Trump met in Argentina.

READ MORE: Asian stocks sink after US orders arrest of senior Huawei executive in Canada

“We are confident in reaching an agreement (with the US) within the next 90 days,” China’s commerce ministry spokesman Gao Feng said in a weekly briefing on Thursday. The official added that both sides have been communicating and cooperating since the two countries’ leaders, US President Donald Trump and China’s Xi Jinping, met at the G20 summit in Buenos Aires.

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