China Advocates for Constructive Dialogue Over Trade Wars

In a recent statement, Chinese Commerce Minister Wang Wentao highlighted the detrimental effects of trade wars, emphasizing that they benefit no one. He urged China and the US to resolve their economic disputes through equal and constructive dialogue, underscoring China's dedication to opening its economy and fostering global stability amidst uncertainties.

Meeting with Bridgewater Associates Founder

Wang's comments were made during a discussion with Ray Dalio, the billionaire founder of Bridgewater Associates. Their conversation revolved around the global economy and the intricate trade relations between the US and China. Dalio acknowledged China's economic advancements and expressed his eagerness to bolster the relationship between the two nations.

Anticipation of New Tariffs

This dialogue occurs as Washington prepares to unveil new tariffs, adding another layer of complexity to the US-China trade dynamics. Wang's remarks serve as a timely reminder of the importance of cooperation over confrontation in ensuring sustainable economic growth.