The Chinese economy is facing great challenges due to the uncertainties caused by global economy slowdown and resurging protectionism. However, the country has been able to sustain its growth due to the measures that the government has taken to revitalize the economy and the push for economic stability.
Concessions are a must for a China-U.S. trade deal and the global economy
In today’s globalized world, trade peace is a win-win condition that every country wants to have. The U.S.-instigated escalation of trade frictions makes world feel the chill of approaching “trade wars”.
Increased tariffs are aimed at China, but actually impact U.S. consumers
In the next few years, it is almost unlikely to expect more meaningful results in dialogue and negotiations between the US and the DPRK, and we can’t expect South Korea-DPRK reconciliation and cooperation to maintain the current momentum.
More importantly, the recent rounds of high-level consultations between China and the U.S. have been carried out in an orderly manner under the direction of the heads of state of the two countries.
Indeed, China-U.S. relations have global implications, and this round of China-US trade talks completed last Friday, like any previous rounds, became the center of attention from the media and observers. What progress has been made is what the media want to find out.
After four decades, China and the U.S. should jointly explore a path of co-evolution.
Recent crime figures from the Ministry of Public Security (MPS) further question the strength of the State Department’s decision, with gun and explosive-related crimes dropping year-on-year by 27.6 and 29 per cent respectively.
Ambassador presents statistics to show bilateral ties have always been beneficial.
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