Asia Society event looks at future of US-China bilateral trade

A Chinese delegation has been in New York City since Monday for a forum focusing on China-US trade.

The Asia Society in Manhattan hosted members of the business and diplomatic community, giving them a chance to learn more about the China-proposed Belt and Road Initiative and also the 100-Day Plan worked out by President Xi Jinping and his US counterpart Donald Trump in Florida last April.

One of the forum’s stars was Tung Chee-hwa, the first Chief Executive of the Hong Kong Special Administrative Region. Tung said China and the US are compatible in many ways, not just economically.

He added that the two have worked closely together during the 2008 global financial meltdown, cooperated over climate change and in relief services for West Africa during the 2016 Ebola crisis, noting that the two will work closely again.

China’s ambassador to the United States Cui Tiankai spelled out how the 100-day action plan offers a vision for future China-US relations.

The forum also discussed a new Chinese report designed to push back at what Beijing sees as some of the myths in the US about the trade deficit between the two nations.

(CGTN)