1. LINE

      Text:AAAPrint
      Politics

      China, U.S. to strengthen economic ties, enhance bilateral relations

      1
      2015-06-23 08:39Xinhua Editor: Gu Liping

      The upcoming annual China-U.S. Strategic and Economic Dialogue (S&ED) in Washington, D.C., is expected to expand economic and trade cooperation between the world's two largest economies, seek coordination in the international financial system and enhance overall bilateral relations more steadily, U.S. experts said.

      GLOBAL ECONOMY & MACRO-ECONOMIC POLICY

      Concerns about the global economy and each other's macro- economic policy will continue to be the key issues on the economic agenda of the high-level China-U.S. dialogue that will start on Tuesday, said Yukon Huang, a former World Bank's country director for China and a senior associate with the Asia Program of the Carnegie Endowment for International Peace.

      More than six years after the global financial crisis, the world economy remains moderate and uneven. "China's economy is slowing down. The American economy appears to be getting back on a sound footing but not entirely clear", while the Federal Reserve " looks like going to actually start increasing interest rates" this year, Huang told Xinhua in an interview, noting that all these factors will have implications for the fragile global recovery.

      "The big question would be how is the U.S. economy doing? Is China being able to stabilize its economy? Is it going to be able to put in place the reforms so that it can continue growing rapidly? " Huang said of questions likely to be raised by China and U.S. officials at the dialogue.

      As the world's two largest economies, the U.S. and China are increasingly economically interdependent, with their trade volume hitting 550 billion U.S. dollars last year and their combined economies accounting for about 40 percent of recent global GDP growth. Both sides have an enormous stake in each other's economic performance, and also a joint possibility to pursue policies that support the global economy.

      Paul Gruenwald, Standard & Poor's chief economist for the Asia- Pacific region, said the U.S. and China economic conditions are the two most important issues by far during his talks with securities issuers, investors, other stakeholders, and the media in the region.

      "We think the risks of a downside in China have actually fallen over the last couple of months," Gruenwald told reporters in New York last week. "That's because the authorities are being more aggressive in trying to make sure that the local government financing is more solid."

      Adam Posen, president of Peterson Institute for International Economics (PIIE), also held positive views of China's economy after leading a group of U.S. economists to visit China last month.

      It's "a good thing" for China's economy to slow down as Chinese leadership pushes forward economic reforms and wants to "go for a sustainable rate of growth", Posen said in a separate interview with Xinhua ."We both believe they're doing a good job overall. The economy is on a path that isn't going to be too bad. I think it bodes well for the future."

      David Dollar, a senior fellow at the Brookings Institution, believed the most important part of the economic dialogue will be "a strategic discussion of issues in the global economy," including the risk of a Greek default and exit from the euro zone as well as the implications of the Fed's exit from quantitative easing.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 在线免费视频一区二区| 亚洲人成免费网站| 特级aa**毛片免费观看| 成人黄色免费网址| 亚洲今日精彩视频| 亚洲国产精品综合久久网各 | 亚洲免费视频在线观看| 四虎国产精品免费永久在线| 一级毛片免费毛片一级毛片免费| 国产AV无码专区亚洲A∨毛片| 黄色网站软件app在线观看免费| 免费人成网站在线观看10分钟| 亚洲 自拍 另类小说综合图区 | 成人伊人亚洲人综合网站222| 色老头综合免费视频| 亚洲一区二区免费视频| 亚洲精品国产啊女成拍色拍| 亚洲阿v天堂在线2017免费| 成年在线观看网站免费| 中文字幕无码精品亚洲资源网久久| 日韩精品视频免费网址| 亚洲Aⅴ无码专区在线观看q| 999任你躁在线精品免费不卡| 国产成+人+综合+亚洲专| 日本人护士免费xxxx视频| 免费人妻精品一区二区三区| 国产亚洲无线码一区二区| 最好看最新的中文字幕免费| 亚洲最大无码中文字幕| 国产免费拔擦拔擦8X高清在线人| 日木av无码专区亚洲av毛片| 国产成人AV免费观看| 亚洲性无码av在线| 国产精品色午夜免费视频| 精品国产呦系列在线观看免费| 亚洲精品高清久久| 国产美女a做受大片免费| 在线看片免费人成视频播| 亚洲国产精品一区二区三区在线观看| 亚洲美女在线国产| 曰批全过程免费视频网址|