High-level economic representatives from China and the United States extended their bilateral discussions into Tuesday afternoon as the first meeting of the newly revitalized trade consultation mechanism continued in London. The extended session signals both sides' commitment to addressing complex economic challenges amid shifting global supply chains and market uncertainties.
Observers note the talks focus on stabilizing cross-Pacific commerce, with insiders suggesting digital trade regulations and green energy partnerships dominate the agenda. The meeting follows recent agreements to enhance cooperation in agricultural technology and renewable energy infrastructure development.
Dr. Li Wei, an international trade analyst at Beijing University, told KhabarAsia: "This dialogue mechanism creates vital breathing room for businesses navigating evolving trade landscapes. For investors, it reduces short-term volatility risks in Asian markets."
The discussions occur against the backdrop of strengthening economic ties between China and Southeast Asian nations, with ASEAN recently surpassing the EU as China's largest trading partner. Business leaders anticipate the London talks could streamline regional supply chain operations benefiting multinational corporations.
Reference(s):
China, U.S. economic, trade consultation mechanism meeting continues after lunch
cgtn.com