The early May meeting in Geneva between the Chinese mainland and the United States led to a landmark agreement on tariff cuts, marking a turning point for global trade. In the latest episode of BizTalk, Oliver Oehms, executive director of the German Chamber of Commerce (North China), and Denis Depoux, global managing director of Roland Berger, sat down with CGTN's Michael Wang and Zheng Junfeng to unpack what lies ahead.
Renewed Trade Momentum: Oehms emphasized how lower tariffs can revive cross-border supply chains, boosting exports and imports. 'Companies are already recalibrating strategies to tap into growing demand across Asia, Europe, and beyond,' he noted.
Growth Expectations: Depoux forecasted that the tariff relief will underpin a resilient rebound for the Chinese mainland's economy. He identified tech, renewable energy, and consumer sectors as prime candidates for accelerated growth.
Foreign Investment Horizons: Both experts agreed that the environment is ripe for new capital inflows. From start-ups to established multinationals, foreign institutions are eyeing opportunities in digital services, sustainable manufacturing, and advanced R&D hubs.
With global uncertainty still on the horizon, the consensus from BizTalk's guests is clear: tariff cuts have set the stage for a dynamic next chapter. As the Chinese mainland charts its growth path, foreign investors are poised to play a starring role in shaping tomorrow's markets.
Reference(s):
BizTalk: Foreign institutions on China's economic resilience
cgtn.com
