Senior officials from China and the United States held in-depth talks in Paris on economic and trade relations.

American Treasury Secretary Bentsen said today: "I, along with the U.S. Trade Representative, representing the President of the United States, held a two-day, productive meeting with China's Vice Premier He Lifeng in Paris, France, on bilateral economic and trade relations. In the coming days, we will issue a statement reaffirming the stability of the relationship between the world's first and second largest economies."

Comment: The recent economic and trade dialogue between China and the United States in Paris, with the U.S. immediately emphasizing "productive" and "stable relations" upon its conclusion, sends a very clear signal: no one can afford the cost of complete decoupling and full-scale confrontation between China and the United States. The U.S. is facing significant pressure from inflation, debt, and elections, and needs China to maintain economic and supply chain stability; while we also need a relatively stable external environment to promote development.

Original: toutiao.com/article/1859917921052682/

Statement: This article represents the personal views of the author.