It’s High-Time That We Got a U.S.-China Trade Deal: Center for China and Globalization’s Wang

The transcript discusses the context of APEC and China's recent events, emphasizing the importance of a partial trade deal between the US and China. It highlights the significance of phase one of the deal, focusing on agricultural purchases and tariff relief. The discussion also covers China's willingness to reform, including updates on foreign investment laws. The potential financial decoupling between the US and China is examined, with concerns about its impact on global markets. The transcript concludes with a hopeful outlook for future economic stability and cooperation.

What is the potential global consequence if the China-US trade war continues?

• Higher economic growth

• A global recession

• Increased global trade

• Improved diplomatic relations

What is considered the 'easy part' of the China-US trade deal?

• Technology transfer agreements

• Addressing state subsidies

• Industrial policy reforms

• Agricultural purchases and tariff holds

What recent event in China emphasized the importance of opening up continuously?

• The APEC meeting

• The 90S party Congress

• The Multi National Leadership Council summit

• The annual inbound and outbound meeting

What is Marco Rubio's concern regarding US retirement dollars?

• They are being invested in European companies

• They are flowing into Chinese companies

• They are being used to fund US infrastructure

• They are being held in US banks

What is the stance of the financial industry on the US-China financial decoupling?

• They are undecided

• They support it fully

• They are indifferent

• They oppose it due to market opportunities