“Reducing certain tariffs, enhancing technological and investment cooperation, and strengthening economic ties could pave the way for a more stable trade relationship and foster long-term economic growth for both countries,“ said Wang Huiyao, president of the Center for China and Globalization.

　　FOR THE WORLD'S SAKE

　　Graham Allison, a professor at Harvard University known for his concept of the “Thucydides Trap,“ said on his visit to China in December that the United States and China should avoid falling into the trap and finding the right way for them to get along with each other is important for both countries and the world at large.

　　Together, China and the United States account for over one-third of the world's total economic output, with their combined trade volume representing about one-fifth of the global total. “Any decoupling between us would only make the world poorer,“ said Xie Feng.

　　When meeting Chinese leaders in early December, heads of major global economic organizations expressed widespread concern over the potential damage to global economic development caused by decoupling practices. They called for the facilitation of trade and investment liberalization.

　　In December, the Organization for Economic Co-operation and Development warned that higher uncertainty and continued increases in trade-restrictive measures could “raise costs and prices, deter investment, weaken innovation and ultimately lower growth.“

　　“The 2025 trade outlook is clouded by potential U.S. policy shifts, including broader tariffs that could disrupt global value chains and impact key trading partners,“ the United Nations Conference on Trade and Development (UNCTAD) said in its latest Global Trade Update.