Chinese vice minister hopeful on US trade talks

The transcript discusses the importance of fair and equal implementation mechanisms in trade, the hopeful prospects of US-China trade negotiations, and the negative impacts of mutual tariff increases on workers, farmers, and businesses. It also questions the role Macau can play in the Belt and Road Initiative.

What are the essential characteristics of any implementation mechanism according to the video?

• It must be one-sided and beneficial.

• It should be reciprocal, fair, and equal.

• It should focus solely on economic growth.

• It must prioritize political interests.

What is the speaker's outlook on the future of China-U.S. economic and trade consultations?

• Pessimistic and doubtful.

• Critical and negative.

• Hopeful and optimistic.

• Indifferent and neutral.

How do mutual tariff increases affect workers and farmers?

• They experience a boost in confidence.

• They remain unaffected.

• They benefit from increased tariffs.

• They are negatively impacted.

What is one of the consequences of increased tariffs on businesses?

• Accelerated investment decisions.

• Slowed investment decisions.

• Increased investor confidence.

• Enhanced export opportunities.

What potential role can Macau play in the Belt and Road Initiative?

• A negligible role in economic development.

• A leading role in global politics.

• A supportive role in the initiative.

• A primary role in manufacturing.