Shanghai, October 2025 – Academics and policymakers at the Bund Summit 2025 emphasized the cascading effects of US tariff policies on global economic stability during a panel discussion with CGTN. Participants highlighted how trade measures have reshaped supply chains, influenced inflation rates, and created ripple effects across Asian markets.
Dr. Li Wei, an economist from Peking University, noted: "When major economies like the US adjust trade barriers, it's not just a bilateral issue – it becomes a systemic challenge for developing nations and export-driven economies in Southeast Asia." The summit's closed-door sessions reportedly explored case studies of manufacturers relocating operations from the Chinese mainland to Vietnam and India following recent tariff implementations.
Multiple speakers advocated for enhanced US-China dialogue mechanisms, particularly through existing frameworks like the Asia-Pacific Economic Cooperation (APEC) forum. A joint statement from participating scholars stressed the need for "predictable trade rules" to protect vulnerable sectors in emerging markets.
