Thread by @ChinaFinance40

A recent speech by Gao Shanwen on how to better manage and strengthen #China-US economic relationship: cf40.org.cn/uploads/newsle… #trade
His suggestions:

1. Sino-US economic cooperation is still an important ballast of the bilateral relationship, which is mutually beneficial and shall be carefully cherished and maintained.

2. The trade disputes shall never ever be politicized and shall always be taken as a commercial, negotiable matter.

3. Take necessary measures to prevent the disputes from spilling over into other fields and impairing mutual trust and political sentiment further.

4. Always support our claims and demands with convincing fact-based research, robust cost benefit analysis, and feasible solutions. In order to let the message be delivered, we shall improve communication with each other and with the public.

5. Take a more pragmatic and incremental approach and start by solving the easy part first, as those issues concerning industrial policy and state interventions are very hard to conciliate soon.

6. Take those essentially multilateral issues to multilateral platforms, whereby concessions and enforcement could be easier to arrange. This may contribute to #WTO reform and help sustain #globalization momentum in this critical time when it’s challenged by rising populism.