U.S. Secretary of State Antony Blinken's two-day visit to China has reignited global attention on the delicate balance of trade and diplomacy between the world's two largest economies. With talks focusing on bilateral relations and international issues, experts emphasize the urgency of constructive dialogue.
Nick Vyas, an economics expert at the University of Southern California, told CGTN that resolving trade friction requires recognizing mutual dependence. 'Over 40 years, China has become the manufacturing backbone of global supply chains,' Vyas noted. 'The U.S. trade deficit reflects this integration—it's a symptom of intertwined economies, not just a political issue.'
Data underscores the stakes: China accounts for 28.7% of global manufacturing output, while the U.S. imported $427 billion in Chinese goods in 2023. Vyas argued that tariffs or decoupling attempts risk destabilizing sectors from tech to agriculture. 'Cooperation isn't optional—it's essential for inflation control, climate goals, and AI governance,' he said.
As young professionals and entrepreneurs increasingly drive cross-border innovation, analysts suggest Blinken's visit could set the tone for next-gen economic partnerships—if both sides prioritize long-term stability over short-term disputes.
Reference(s):
We Talk: U.S. expert says conflict not in interests of U.S. or China
cgtn.com