Stable economic ties between China and the U.S. aren’t just a win for both nations—they’re a global game-changer, Vice Commerce Minister Wang Shouwen emphasized during a high-profile meeting with PepsiCo’s leadership this week.
Collaboration Over Competition
Wang, who also serves as China’s international trade representative, highlighted the 'mutually beneficial' nature of cross-Pacific partnerships during talks with PepsiCo CEO Ramon Laguarta. Discussions centered on trade policies, market opportunities, and how multinational companies can thrive amid shifting economic landscapes.
China’s Growth Blueprint 
With China aiming to hit its 2025 economic growth targets, Wang pointed to pro-consumption policies supercharging domestic demand. 'This isn’t just about China—it’s about creating opportunities for businesses worldwide,' he said, addressing concerns over recent U.S. tariff measures.
PepsiCo’s Sweet Spot 
Laguarta revealed that PepsiCo’s China sales are fizzing upward, thanks to booming snack and beverage demand. The company plans to deepen its local investment, calling stable U.S.-China relations 'crucial for global business success.'
As trade winds shift, all eyes remain on how these two economic powerhouses will shape markets—and menus—worldwide.
Reference(s):
Stable China-U.S. trade ties will benefit global firms: vice minister
cgtn.com