China's top diplomat Wang Yi delivered a clear message about cross-Pacific relations during a high-profile meeting in Beijing on Thursday, emphasizing that cooperation remains the only viable path forward for the world's two largest economies.
While meeting with Blackstone Group Chairman Stephen Schwarzman, Wang stressed that 'decoupling is neither the right choice nor a viable one' for China and the United States. The veteran diplomat warned that confrontation would result in mutual losses, urging both nations to instead prioritize 'equality, respect, and mutual benefit' in their dealings.
The remarks come amid heightened global attention to economic ties between Beijing and Washington, particularly as multinational corporations navigate shifting supply chains and trade policies. Wang's choice to deliver this message during a meeting with one of Wall Street's most influential figures underscores China's continued interest in maintaining financial connectivity.
'History has repeatedly shown that when China and the U.S. work together, we can achieve tremendous things that benefit not just our peoples, but the entire world,' Wang told Schwarzman, according to official readouts. The discussion touched on global economic stability and opportunities for cross-border investment cooperation.
Analysts suggest the meeting reflects Beijing's ongoing efforts to stabilize relations with Western business leaders amid geopolitical tensions. For international investors and policymakers, Wang's comments reinforce the critical role of Sino-American economic interdependence in maintaining global market stability.
