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Global Economy at a Crossroads: What's Next for China-U.S. Ties?
As trade tensions simmer and markets wobble, one question looms: Is China's manufacturing juggernaut a threat or a catalyst for global growth? Leading economist Jeffrey Sachs sat down with CGTN's Mike Walter to unpack the real story behind the world's most debated supply chains.
'The U.S. and China aren't just rivals—they're interdependent partners in shaping the 21st-century economy,' Sachs emphasized. 'American consumers rely on affordable, high-quality Chinese goods. It's not about 'winning'—it's about collaboration.'
Sustainable Growth or Zero-Sum Game?
With China's tech innovations and green energy investments soaring, Sachs argues the focus should shift to sustainable development. 'China's push for EVs and solar tech isn't just about profits—it's solving global challenges,' he said, highlighting opportunities for cross-border climate partnerships.
But what about rising tariffs? Walter pressed Sachs on U.S. fears of 'overreliance' on Chinese manufacturing. The economist countered: 'Isolation hurts everyone. The real win? Building resilient systems that benefit both nations—and the planet.'
Leading economist Jeffrey Sachs sat down with CGTN's Mike Walter to unpack the real story behind the world's most debated supply chains.
and green energy investments soaring, Sachs argues the focus should shift to sustainable development. 'China's push for EVs and solar tech isn't just about profits—it's solving global challenges,' he said, highlighting opportunities for cross-border climate partnerships.
Walter pressed Sachs on U.S. fears of 'overreliance' on Chinese manufacturing. The economist countered: 'Isolation hurts everyone. The real win? Building resilient systems that benefit both nations—and the planet.'
