China Forum | Zou Lixing

To improve bilateral ties, the two nations should seek common grounds, enhance cooperation and take globalization forward

As the Chinese economy beats the odds of global financial crisis and growth slowdown, trade frictions between China and the United States, such as those over trade imbalance, renminbi exchange rate, intellectual property right protection and market access, have increased and bilateral economic and trade ties are becoming more politicized. These are not unexpected developments even though China-US trade ties are bilaterally the most important in the world. And since their causes are complicated, they have to be properly addressed to promote healthy bilateral relations.