Huo Jianguo, former director of a research institute under China's Ministry of Commerce Although it is difficult for us to fundamentally change bilateral relations, we can at least stabilize them, dare to fight, and strive for cooperation. We can do more to reach out to US states, businesses, and ordinary people. Sixth, hope for China-US relations lies in the people. In addition, two more working groups should be established, mainly in the fields of bilateral and multilateral cooperation.įifth, in response to the US' containment, China should make more friends and carry out global cooperation. A dialogue mechanism should be established in three areas: security, rules, and supply chains. We can also maintain basic economic and trade relations, as the enterprises and supply chains between China and the US are complex and interwoven, which makes them difficult to replace.įourth, the two sides should discuss on a more pragmatic level. Hence, it is hard to solve the "root." But we can address the "symptoms." We can avoid armed conflict brought about by miscalculation. We can't cure the "roots", but we can cure the "symptoms." The US believes that its global hegemony and the rules and order dominated by it should not be challenged by China. Third, the contradictions in bilateral relations are structural. The future is likely to change, but whether it will actually change depends on the trend.
Second, the US' supply chain in the high-tech sector is incomplete. The reason for this is that the US basically concentrates its main source of imports on North America and its trans-Atlantic partners, but this situation is not sustainable. First, bilateral trade between China and the US is falling sharply. Regarding China-US trade relations, I have six viewpoints. He Weiwen, former economic and commercial counselor in the Chinese consulates general in San Francisco and New York Therefore, the fundamental logic of the world's political economy has changed, which requires corresponding changes in everyone's global outlook. I'm not very optimistic about that because its underlying theme is to safeguard US national security at the expense of economic relations with China if necessary. A few days ago, Treasury Secretary Janet Yellen delivered a speech on China-US economic relations at Johns Hopkins University. The Indo-Pacific Economic Framework promoted by the Joe Biden administration is essentially an extension of the "Indo-Pacific strategy" in the economic field. Taking advantage of this dissatisfaction, the US has begun to win over Western allies to form cliques, contain China in terms of high tech, and restructure industrial and supply chains. A considerable number of people in developed countries have grown to believe that globalization has infringed on their basic interests. However, today, various complex factors have led to a shift in the priorities for improving globalization. Shi Yinhong, a professor of International Relations and director of Centre for American Studies at Renmin University of ChinaĬhina has firmly upheld the international legal system with the UN at its core and a globalized world economic environment for many years and supports the reform of international economic and trade rules in a direction that is beneficial to developing countries. What changes have occurred to trade relations between China and the US? How does the trade war affect the overall bilateral relations? The Global Times selected the opinions of seven scholars who participated in the seminar. A seminar on the situation five years after the US-launched trade war against China and the evolution of China-US relations, organized by the Global Times, was held in Beijing on Saturday.
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