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The United States and China officials are focusing on their ability to cooperate as they wrap up two days of tough economic talks that included clashes over Beijing's massive trade surplus.
In a statement released Thursday at the end of the latest China-U.S. Strategic Economic Dialogue outside Beijing, U.S. Treasury Secretary Henry Paulson said both sides recognize the need to fight economic nationalism and protectionism.
China's top trade negotiator Vice Premier Wu Yi called the meetings a "complete success" and noted progress had been made on issues such as food safety, environmental protection and globalization.
The two sides will hold their next round of high-level economic talks in June.
Their comments came hours after the U.S. government released figures showing the U.S. trade deficit with China jumped nine-point-one percent in October to nearly 26 billion dollars, a record single month jump.
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