GAO Shanwen, Chief Economist of Essence Securities Co., Ltd., discussed how to better manage Sino-US #tradedisputes in Washington. 1/6
#Freetrade is the best way to enhance wealth creation and a global rule-based system is the best regime to promote it. 2/6
Without cooperation and leadership from the US and China, the global rule-based system may disintegrate.3/6
As for the trade disputes, though some claims and cases presented by the US are less convincing than others, overall speaking, they are solvable and China is more than willing to do so.4/6
We shall take those essentially multilateral issues to multilateral platforms, whereby concessions and enforcement could be easier to arrange.5/6
More importantly , this may contribute to #WTO reform and help sustain the globalization momentum in this critical time when it is challenged by rising populism.6/6
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