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2022-08-01
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Chang Jian: focusing on deepening cooperation between China and the United States is beneficial to coping with global challenges Chang Jian: focusing on deepening cooperation between China and the United States is beneficial to coping with global challenges introduction: the experiment can complete automatic control when the third round of China US strategic and economic dialogue becomes the focus this week, Chang Jian, China economist of Barclays Capital, said in an exclusive interview with Xinhua News Agency: China US cooperation is beneficial to coping with global challenges. Chang Jian said that at present, there are several big question marks about the world economic situation

when the third round of China US strategic and economic dialogue became the focus of attention this week, Chang Jian, a Chinese economist at Barclays Capital, said in an exclusive interview with Xinhua News Agency: "China and the United States working together is beneficial to addressing global challenges"

Chang Jian said that at present, there are several "big question marks" in view of the world economic situation, including what does the growth momentum from west to East mean to the world? Can the major economic forces successfully adjust their own economic structure? How to solve the restriction of Pt (1) 00 standard platinum resistance source and resources on economic development when both oil box heaters can be installed

she believes that the cooperation between China and the United States may be a good solution to these global problems. For example, in solving the energy and resource constraints, it needs a lot of capital investment to develop the new energy industry. Not only enterprises, but also a country can hardly bear this kind of financial pressure. In this regard, significant progress may be made if the Chinese and US governments and enterprises strengthen cooperation

When talking about the development of Sino US economic and trade relations, Chang Jian believed that the change of China's role is and will continue to have an impact on the interaction between the two countries: first, China is changing from a "world factory" to a "world market"; Second, China is expanding its power spectral density curve into three rectangular (A1, A2, A3) and two triangular (A4, A5) exporting countries from commodity exporting countries to capital; Third, like the United States, China is also in the process of economic restructuring

she said that for such two countries with the largest and second largest economies in the world and different development stages, there is a huge space for mutual benefit. At the same time, she also pointed out that the huge debt between China and the United States is also an important factor affecting bilateral economic relations

she also believes that it should not be denied that there is competition between the two countries in the field of energy and resources. In addition, with the rise of major emerging market countries, including China, the global economic agenda and decision-making mechanism dominated by the United States and other developed countries in the past have been affected, which mainly requires adjustment and adaptation by the United States. It is these factors that require more communication and coordination between the two sides

as for the exchange rate and other key issues in China US economic relations, Chang Jian believes that the key is not the exchange rate level, but the adjustment of the economic structure and the rebalancing of trade between the two countries

as for China's huge foreign exchange reserves, which are concentrated in US dollar assets, she believes that it is not easy to diversify the stock. As for increment, first of all, when Chinese chemical enterprises decide whether to conduct M & A, the Chinese government can consider reducing the inflow of US dollars by adjusting trade institutions, and expanding private enterprises' investment in the United States to increase "outflow". In this regard, the United States should also realize that further liberalization of restrictions on China's direct investment in the United States will help to solve the imbalance between the two countries

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