Jeffrey Sachs, a renowned economics professor, delivered a compelling keynote speech at a forum organized by the China Institute in the United States on November 15. Addressing a range of issues related to the Chinese economy, Sachs emphasized that China is not a threat to the U.S. economy and dismissed the notion that China’s gains equate to America’s losses.
Sachs challenged prevailing narratives that portray China as an economic adversary, labeling the theory of China’s decline as “ignorant.” He argued that mutual economic growth between the two nations is beneficial for global prosperity and stability.
The forum provided a platform for dialogue on the intricate economic relationship between China and the United States. Sachs’s insights highlighted the importance of cooperation over competition, urging policymakers and stakeholders to foster a collaborative approach to international economic relations.
Reference(s):
cgtn.com
