World speculations: China-US consultation prospects: Heads of state meeting reached important consensus International market is temporarily relieved [Global Times in the United States, German special correspondent Xiao Da Qingmu Global Times reporter Zheng Yi Chen Yi Liu Yupeng Wang Wei] “I was with Chinese President Xi Jinping yesterday I had a very good meeting, far better than expected.” “Importantly, we have once again started negotiations with China because our relationship with them is still very good.”
US President Trump issued a tweet on Twitter on the morning of June 30, highly appraising the meeting with Xi Jinping the day before. The heads of state of China and the United States held a meeting in Osaka on June 29. The two heads of state agreed to restart economic and trade consultations on the basis of equality and mutual respect. The US no longer imposes new tariffs on Chinese products. During the meeting, the two heads of state also reached some important consensus on the fundamental issue of the development of Sino-US relations: the two sides agreed to continue to promote Sino-US relations based on coordination, cooperation and stability. These important consensuses send positive and positive signals to the international community and global markets.
“Russia Today” TV station said that the Chinese dollar first agreed during the G20 Osaka Summit that the two countries will continue trade negotiations to bring positive signals to the international community and the global economy. At the same time, more people are concerned about how the last “10% difficult road” in Sino-US trade negotiations will go. Reuters noted that after the first icebreaking meeting between China and the United States, China’s public opinion was different from the previous Sino-US negotiations: China’s major official media have calmly stated that China and the United States must reach an agreement to end the trade war, and there is still a long way to go. There are more struggles to go.
“The negotiations should be equal and reflect mutual respect.” US President Trump and Chinese President Xi Jinping held a globally high-profile meeting during the G20 Osaka Summit on Saturday. The two sides reached a trade war ceasefire agreement and agreed to restart economic and trade consultations. New tariffs are no longer imposed, marking a easing of tensions between the world’s two largest economies. AFP said that the Sino-US trade war had cast a shadow over the G20 summit. For the fragile world economy, protectionism and trade wars are the biggest disadvantage.
At 11:50 am local time on June 29, the first meeting of the US dollar was held at the bilateral meeting hall of the Osaka International Convention and Exhibition Center. At the beginning of the meeting, Xi Jinping began to review the Sino-US “ping pong diplomacy” that took place in Nagoya, Japan 48 years ago. Xi Jinping pointed out that after reviewing the 40 years since the establishment of diplomatic relations between China and the United States, the international situation and the relations between the two countries have undergone tremendous changes, but a basic fact has not changed. That is, Sino-US cooperation is both beneficial and painful, and cooperation is better than friction. Dialogue is better than confrontation.
Regarding economic and trade issues, Xi Jinping emphasized that China has sincerity to continue negotiations with the US to control differences, but the negotiations should be equal, embody mutual respect and resolve their respective legitimate concerns. On issues involving China’s sovereignty and dignity, China must safeguard its core interests. For this meeting, Trump issued three tweets in the morning on the 30th. He said: “I had a very good meeting with Chinese President Xi Jinping yesterday, far better than expected. I agree not to impose new tariffs while continuing trade negotiations.
China agreed to begin mass purchasing of agricultural products from our great farmers during the negotiations. Trump also said, “At the request of our high-tech companies and President Xi, I agreed to let Chinese company Huawei buy products from US companies that do not affect the safety of our country.” More importantly, we have once again started negotiations with China because our relationship with them is still very good. He said: “For me, the quality of the transaction is far more important than speed. I am not in a hurry, but it seems that everything is fine. “Previously, Trump said at the G20 press conference held on Saturday, “We (China and the United States) have returned to the right track. ”
The most-watched bilateral meeting restarted Sino-US economic and trade consultations with the “ZTE”. The British “Financial Times” said that the world has been closely watching whether the two largest economies in China and the United States can reach an agreement to end the world in the past year. The economy has brought pain to escalating trade wars. The British Broadcasting Corporation (BBC) reporter Kawasaki, who was involved in the G20 summit, said that at the G20 main venue, the Osaka International Exhibition Center Media Center, the TV screen that broadcasted the “Study Conference” was surrounded by reporters from all over the world. He witnessed at least an hour. Five groups of journalists with different languages used this as a background to broadcast live. “During the summit, I have never seen any bilateral meeting with such wide and strong attention.”
“Russia Today” TV station quoted the Russian ACRA credit rating agency expert Barava on June 30, saying that China and the United States first agreed that the two countries will continue trade negotiations, which has brought positive signals to the international community and the global economy. Any trade restrictions can have a negative impact on the global economy. The information on the continued trade negotiations between China and the United States is a positive signal.
Parker, vice president of China Affairs of the US-China Business Council, said in an interview with the BBC, “For the business community, the resumption of trade negotiations between China and the United States is good news, bringing some certainty to the relationship between the two countries to ease the deterioration.” He said: “From now on, the two sides should seek consensus in the most difficult places, but if the top leaders make a commitment, they will bring the two countries into a path that can lead to solving problems.”
“The ‘Xite Club’ once again pressed the restart button of the trade negotiations, at least to prevent further escalation of the current tension between China and the United States. In recent times, the escalation of tensions between the United States and China has made the global financial market a pinch of the world economy. “The US News and World Report” said that Alter International Investment Company analyst and former US Embassy in China, Rotman, said that “Xite” is more “reconcilable” than he expected. “He was impressed by Trump’s statement at the G20 press conference that “the United States and China should be strategic partners in mutual assistance and cooperation.”
Because some hawk officials of the Trump administration have been clamoring for “geopolitical competition.” Xilin, the chief economist of the US-based investment firm in London, predicted that the world financial market will rise when it opens on Monday. “But I don’t think it marks a complete reversal of the situation, and the negotiations may go back and retreat.”
South Korea’s “Central Daily News” said that China not only successfully prevented the Sino-US trade war from continuing to escalate, but also prompted the US to partially relax its containment of Huawei. During the meeting, President Xi adhered to China’s core interests in sovereignty and dignity. This is also a good rebuttal to the domestic “returning to the United States.” During the meeting, President Xi talked about the history of Sino-US relations from ping pong diplomacy. He also succeeded in forcing Trump to publicly express his “respect for the one-China principle.” This is also the biggest political issue for China.
Art workers and farmers are welcome, and the hawks are worried about the first meeting between China and the United States. “American farmers welcome the Sino-US trade truce and hope to go further.” The Wall Street Journal said that farmers welcomed the Sino-US trade truce, and many people also believe that they need a comprehensive trade agreement to restore US crops. And large-scale exports of meat and boosting fragile agriculture.
According to the report, Sino-US trade tensions have put a heavy pressure on American farmers and the agricultural sector: the income of American farmers has fallen sharply, and the number of bankruptcies has increased substantially. Trump said after the meeting that China will resume buying American agricultural products. “This is certainly encouraging because China is the biggest market opportunity in the world,” said Michigan farmer White. His farm sells 70,000 pigs a year. However, he said, “We only believe when it really happens.”
“US News and World Report” said that various business groups have finally breathed a sigh of relief, because the scope of tariff collection will not be further expanded, and they are optimistic that China and the United States can reach an agreement. The chairman of the US Information Technology Industry Council, Oxman, said: “We are encouraged by the agreement between China and the United States to continue negotiations, rather than further escalating trade wars that have devastating effects on both sides.
We are also relieved, because President Trump has reconsidered the threat of additional tariffs he issued, and the new tariffs will cause greater harm to American consumers, workers and all businesses. However, Trump’s decision also led to the political attack fire of the US domestic hawks. The US Senate Minority Leader Schumer said: “If President Trump retreats, he is obviously doing this, then this will completely weaken our change. China’s ability to conduct unfair trade practices. ”
80 experts advise US to change hostile Chinese policy Singapore’s “Lianhe Zaobao” said that the Chinese and American leaders met and finalized trade negotiations, so that the international community and the global market can temporarily breathe a sigh of relief. However, US Treasury Secretary Mnuchin said a few days ago. “The last 10% journey” is not easy to go. According to the report, from the repeated negotiations in the past, the Sino-US negotiation process still faces many twists and turns.
Even after the two sides reached an agreement, the relationship at the trade level has eased, but China has become the number one imaginary enemy and competitor of the United States. In order to protect its global hegemony, the United States, in terms of technology, diplomacy, military, and even educational exchanges, There will continue to be measures against China, and the relationship between the two countries will not be based on trade agreements alone.
Dr. Luscher, a German economist, also said in an interview with the Voice of Germany that trade conflicts are an important area of the “great power game” between the United States and China. Only when real reconciliation is achieved in the trade field can people believe that the situation is really easing. He also reminded: “But Trump’s acting style has caused us to never know what will happen next. It is very likely that a tweet will make everything back to the original point.”
Reuters said that after the China-US leaders held an icebreaking meeting, the Chinese media warned that China and the United States still have a long way to go before reaching an agreement to end the fierce trade war, and there may be more battles in the future. . According to the report, as the trade war continues, China’s position has become more and more firm. China has indicated that it will not succumb to pressure and will “figh in the end”.
“Experts hope that the Trump administration will change its hostile policy toward China.” Reuters said on June 30 that the agency had received a draft of a Trump open letter from dozens of US experts, including former diplomats and military officials. The experts warned that “we believe that many actions in the United States will contribute to the spiral of tension between China and the United States.” The report said that the open letter has been signed by about 80 experts, including former US Assistant Secretary of State Susan Thornton. Former US Ambassador to Beijing 芮效俭.
The open letter is seeking more signatures, and the final version will be handed over to mainstream US media. The open letter stated that “the United States may regard China as an enemy may be counterproductive.” The United States may “separate itself” because the allies are not willing to regard China as “economic and political enemy.”