In a recent interview with Xinhua, Jeffrey Sachs, a renowned professor of economics at Columbia University, highlighted the positive ripple effects of China's economic success on the United States and the broader global community.
Sachs emphasized that the trade relationship between China and the US should be designed for mutual benefit, rejecting the notion of a win-lose dynamic. \"China's economic success is a good thing for the US and the world,\" he stated, advocating for a partnership grounded in mutual respect.
The professor further underscored the importance of cooperation, dialogue, and joint problem-solving in fostering a stable and prosperous international environment. \"The idea of mutual respect, cooperation, dialogue, and jointly problem-solving is really wise and of paramount importance,\" Sachs added.
This perspective aligns with the growing consensus among global leaders that collaborative approaches are essential in addressing complex economic and geopolitical challenges. As nations become more interconnected, the success of one economy inevitably supports the stability and growth of others, paving the way for shared progress.
Reference(s):
cgtn.com
