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