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EghtesadOnline: China wants dialogue with the new U.S. administration to manage disputes and promote bilateral relations, but only on the basis of respecting each other's core interests, like the "one China" principle, China's foreign minister said.

U.S. President Donald Trump, who was inaugurated on Friday, upset Beijing before taking office by casting doubt on the "one China" principle, under which Washington acknowledges Beijing's position of sovereignty over self-ruled Taiwan.

China views Taiwan as a wayward province, to be brought under its control by force if necessary. However, proudly democratic Taiwan has shown no interest in being ruled by Beijing, according to Reuters.

Speaking at a reception for the upcoming Chinese Lunar New Year, Foreign Minister Wang Yi said the future direction of Sino-U.S. ties had "attracted attention".

"We are willing, on the basis of strictly abiding by the 'one China' principle and respect of each other's core interests, to have dialogue with the new U.S. government," Wang said, in comments posted on the ministry's website late Tuesday.

China is willing to "increase mutual trust, focus cooperation, manage and control disputes and promote the healthy development of China-U.S. relations, to bring even greater benefits to both peoples", he added.

Wang Yi one China policy US-China relationship US-China dispute