In a fresh look at the evolving trade landscape between the U.S. and the Chinese mainland, renowned Columbia professor Jeffrey Sachs shared his thoughts on recent trade discussions in Stockholm, following earlier negotiations in Geneva and London.
Sachs criticized Washington's aggressive anti-China stance, calling it "absurd and dangerous," and noted that the U.S. is slowly coming to understand it can’t impose its will on the rest of the world. This observation underscores a shifting balance in international trade dynamics.
Despite the anti-China noise in Washington, Sachs sees potential in establishing basic frameworks of institutionalized communication mechanisms. This could pave the way for more structured and balanced trade talks between the two economic giants, a move that resonates with young entrepreneurs, students, and global market enthusiasts alike. 😊
As debates continue, industry experts and academics are watching closely, hopeful that this evolving dialogue may set new standards for fair and constructive international negotiations.
Reference(s):
Institutionalized framework on China-U.S. trade talks possible
cgtn.com
