High-level economic talks between China and the US wrapped up in Geneva this week, with both sides vowing to uphold the ‘core values of multilateral trade’ amid global economic uncertainties. 💬✨
Chinese Vice Premier He Lifeng met with US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer for ‘candid, in-depth’ discussions. The talks resulted in a joint statement highlighting commitments to stabilize trade relations – a move analysts say could ease tensions in sectors like tech and green energy. 📈🌱
🔑 Why it matters: As the world’s two largest economies, collaboration between Beijing and Washington is crucial for tackling issues like supply chain disruptions and climate goals. The Geneva meeting signals a thaw in relations after years of trade disputes – think less ‘trade war’ and more ‘co-op mode’. 🕊️
China emphasized its push for ‘reforming global governance systems’, aligning with younger generations’ demands for fairer international frameworks. For global entrepreneurs and students tracking geopolitics, this dialogue could shape everything from semiconductor policies to carbon-neutral investments. 🌍💡
Reference(s):
China-US should uphold core values of multilateral trading system
cgtn.com