With the arrival of Donald Trump's second term as U.S. president, the outlook of China-U.S. trade relations has sparked intense discussions. Aquiles Larrea, CEO of Larrea Financial, shared insights on the current state of cooperation between the two nations from a macroeconomic perspective.
Larrea emphasized that China is a valuable trading partner, noting that both the U.S. and the Chinese mainland are aligned in their economic directions, which mutually benefits both sides. \"Many American companies believe that the partnership with their Chinese counterparts is integral to making more money. They're not going to endanger that partnership for anything, be it the U.S. president's feeling or anything,\" he stated.
He highlighted that maintaining strong trade relations is crucial for the growth and profitability of American businesses operating in emerging markets and tech innovation sectors. Despite potential political shifts, the economic interdependence between the two countries remains a cornerstone for global business strategies.
Reference(s):
cgtn.com
