Missed the latest in global trade? Here’s the scoop: Li Chenggang, China’s international trade representative and vice minister of commerce, rolled into Washington D.C. from August 27–29 to hash out bilateral economic and trade ties with U.S. officials.
He met teams from the U.S. Department of the Treasury, Department of Commerce and the Office of the U.S. Trade Representative. Their mission? Build on the June 5 phone call between the Chinese and U.S. presidents to smooth import-export flows, ease tech partnerships and boost green-energy deals.
Li highlighted three core principles:
- Mutual respect 🤝: Treat each other as equals.
- Peaceful coexistence ☮️: Keep dialogue open, even when opinions differ.
- Win-win cooperation 🏆: Shared success drives stronger growth.
Both sides agreed to lean on existing China-U.S. consultation channels, manage differences through equal-footing talks, and expand collaboration for stable, sustainable economic ties. Think cheaper gadgets for shoppers in Mumbai, more startup funding in Jakarta, and faster rollouts of EVs in Bangkok.
Li also sat down with the U.S.-China Business Council, the U.S. Chamber of Commerce and top American firms. The takeaway? Dialogue is back in vogue, and everyone’s eager to keep the conversation going.
Why you should care: For young pros in Lahore, Manila or Colombo, smoother China-US trade means more job opportunities, broader tech access and a boost to regional innovation. Stay tuned—this story is just getting started! 🚀
Reference(s):
cgtn.com
