The U.S. overbearing behaviors have raised opposition and criticism from major countries around the world.
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.
U.S. hegemony undermines the foundation of cooperation
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”.
Tariff war leads to lose-lose situation
Increased tariffs are aimed at China, but actually impact U.S. consumers
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.
The highlight will be the summit between Chinese President Xi Jinping and U.S. President Donald Trump, representing the world’s two largest economies.
Although some White House officials are playing down the likelihood of the meeting producing a positive outcome, Trump appears to have toned down his intransigence and cracked the door open to a possible deal.
Beijing’s momentous effort over the last month has seen Washington’s position significantly shift, resulting in Trump and his team returning to the negotiating table.