Expert: China-US ties key to global growth

The Star

A Shanghai-based expert says stronger collaboration between China and the United States could boost consumer and manufacturer welfare in both countries and positively impact the global economy.   WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00It will be much more profitable as well as beneficial to both parties to continue the

00:13negotiation so that we can make the cake bigger and better and we can use the comparative advantage

00:21of both parties so that we can improve the welfare of the consumers and the producers in both

00:28countries. During this trade between the U.S. and China each party can benefit if we can focus on

00:36this common interest and leave those differences aside then this will be beneficial for both parties

00:43so if China and the U.S. can continue the collaboration then this will be beneficial

00:50for both parties not only for China but also for the U.S. as well as for the whole economy

00:58you

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