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To interpret the results of the new round of consultations between China

ECHEMI 2020-03-30

 

How to look at the positive signals from the substantive progress of the new round of high-level economic and trade consultation between China and the United States in many fields and the future trend? Major central media and well-known Wechat Business slogans have been comprehensively interpreted this past weekend.

 

Firstly, substantial progress has been made in the new round of high-level economic and trade consultation between China and the United States, which has eased the tension in the trade war between the two sides and once again raised the hope of the public of the two countries and the international community for a final agreement between China and the United States.

 

The Global Times published an editorial on the 13th, "To End the Trade War Step by Step for the sake of China, the United States and the world", pointing out that the Sino-US trade war has been fighting for nearly 20 months, which was almost unimaginable in the world at the beginning of last year. According to common sense and law, even as the most radical means of promoting negotiations, the significance of this trade war has been exhausted, and it is difficult to explain it economically and politically.

 

According to the Global Times, President Trump said in his meeting with Vice Premier Liu He on Friday that the market had no reaction to the US-Mexico-Canada trade agreement, but as soon as the US-China negotiations made positive progress, the stock market rose immediately and the market reacted strongly, again this time. It is true that Sino-US economic and trade relations affect the whole world and ease trade conflicts between the two countries, which is conducive to China, the United States and the prosperity and peace of the world. This time, the two sides talked about these interests together, which is very rare.

 

The Bell of People's Daily also published the article "Promoting Sino-US Relations to Develop on the Right Track". The article said that through the new round of high-level Sino-US economic and trade consultation held in Washington from October 10 to 11, we can feel the current development of Sino-US economic and trade relations. The positive and positive information shows that the consensus between China and the United States is on the rise, and the willingness to cooperate is even more prominent.

 

Headquarters published international commentary on "Cooperation is the Best Choice for China and the United States". The review pointed out that the new round of high-level economic and trade consultation between China and the United States has made substantial progress in many areas, conveying positive signals, boosting market confidence and enabling people to reach a mutually beneficial and win-win final agreement between China and the United States, with reasons for expectation. Controlling differences on the basis of mutual respect, expanding cooperation on the basis of reciprocity and mutual benefit, from easy to difficult, step by step, and doing a good job in negotiating the "addition and subtraction method" is a truly effective solution for both China and the United States, which provides a new way for China and the United States to seek a final economic and trade agreement and opens up a new path.

 

Xinhua News Agency published a commentator's article on the same day that "Only by walking in opposite directions can we solve the Sino-US economic and trade problems well". The article said that the results meet the expectations of all parties, take a step towards solving the Sino US economic and trade problems, meet the interests of the people of the two countries, and are generally welcomed by the international community

 

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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