Senior officials from the Chinese mainland and the United States opened a fresh round of trade negotiations in Stockholm on Monday, marking their first high-level economic dialogue in six months. The talks come as global markets grapple with inflationary pressures and supply chain uncertainties.
Analysts suggest the discussions may focus on tariff reductions, technology export controls, and agricultural trade cooperation. Both delegations emphasized a commitment to 'pragmatic dialogue' during opening remarks, though neither side disclosed specific agenda items.
The meeting follows recent economic policy shifts by both nations, including China's expanded market access measures for foreign investors and the U.S. CHIPS Act's implementation. Business leaders across Asia are closely monitoring the talks, particularly manufacturers in Southeast Asia whose supply chains intersect with both economies.
While no breakthrough is expected immediately, the resumption of formal dialogue signals improved communication channels between the world's two largest economies. The outcome could influence investment patterns across emerging Asian markets and impact currency stability in the region.
Reference(s):
cgtn.com