High-level economic consultations between China and the United States entered their second day in London on Tuesday, signaling sustained efforts to address complex trade dynamics between the world's two largest economies. The meeting, part of a bilateral consultation mechanism established to manage disputes, focused on tariffs, technology policies, and market access amid ongoing global supply chain realignments.
Analysts suggest the extended dialogue reflects mutual recognition of economic interdependence, particularly in green energy and semiconductor sectors. A London-based trade policy researcher noted, "Both sides appear keen to stabilize relations while navigating domestic political pressures. The tech competition remains a critical friction point."
The outcomes could influence Asia-Pacific trade patterns, with Southeast Asian markets particularly sensitive to shifts in China-U.S. manufacturing strategies. Business leaders await clarity on potential tariff adjustments affecting $650 billion in annual bilateral goods trade.
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China-U.S. economic, trade consultation mechanism meeting continues in London
cgtn.com