Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
Trending in China: Jack Ma Sells $8.2 Billion of Alibaba Shares — Good News for Philanthropy or Bad News for Tech Companies?
Didi to March Into 20 New Australian Cities Next Month
Underwater Robotics Maker Sublue Speeds Toward STAR Board Listing with New Funding
Suning.com Predicts Over $20 Million in Losses in First Half of 2020, Says Carrefour China Remains Profitable
Online Travel Leader Trip.com to Issue $500 Million in Convertible Bonds
Trending in China: Was the Driver Who Deliberately Crashed His Bus Killing 21 Evil or a Victim? Netizens Discuss
Foxconn Plans to Invest $1 Billion to Expand iPhone Production at Indian Factory: Reuters
Money-Losing Electric Carmaker Li Auto Files for U.S. IPO
Platform Serving China’s Takeout Delivery Workers Jumps 28% in Nasdaq Debut
SenseTime Builds AI Computing Platform in Shanghai Amid ‘New Infrastructure’ Push
WeRide to Test Fully Autonomous Vehicles in Guangzhou
Trending in China: Why Are Chinese Netizens Saying Kanye West Could be ‘China’s First’ U.S. President?
Trending in China: Will Weibo’s Fight Against Porn Have Other Unintended Side Effects
Tencent Leads $40 Million Investment in Online Art Educator
Alibaba Aims to Facilitate $1.4 Trillion in Sales Annually By 2024
Trending in China: Death of Giant Panda Cubs Sparks Concerns About Treatment of ‘National Treasure’
China CFO of Indian Oyo Quits to ‘Pursue Other Professional Opportunities’
Sequoia Capital Opens Its First Tech Incubation Center in Shanghai
Some 266 Foreign-Invested Firms Approved to Offer Telecom Services in China in First Half of 2020
Trending in China: Should Internet Celebrities Be Part of the School Curriculum?
China-U.S. Trade Dispute an ‘Ongoing Challenge’: Ex-World Bank Chief

By Timmy Shen / Sep 25, 2019 03:34 PM / World

Photo: Wei Yiyang/Caixin

Photo: Wei Yiyang/Caixin

The trade dispute between China and the U.S. will be an ongoing challenge, former World Bank President Robert Zoellick said Friday at a roundtable hosted by Caixin in Singapore.

In the U.S., the debate about confrontation is “starting to turn somewhat toward the question of what will confrontation really accomplish,” said Zoellick, who is also a former U.S. trade representative.

“Given the commonalities in the mutual interest, I think there’s a greater sense of ‘well, is this a one-sided issue?’” he said, adding that the tensions may give rise to a policy movement that combines elements of both competition and cooperation.

Multiple economists from both countries say that the U.S. business community used to be a prime support for relations with China. “A lot of businesses have done quite well in China, but there’s no doubt (that) over the past five or 10 years, the mood became more negative,” Zoellick said.

If disputes over trade and investment, intellectual property protection, and forced technology transfer can be resolved, it will be very important for members of the U.S. business community to speak up and recognize the changes, Zoellick said.

Zoellick also commented on regional development and the anxiety that China’s foreign policy has caused both in the U.S. and globally.

Read the full story on Caixin Global later today.

Contact reporter Timmy Shen (hongmingshen@caixin.com, Twitter: @timmyhmshen)

Share this article
Open WeChat and scan the QR code