US-China Trade Talks Conclude in Geneva: Experts Highlight Contrasting Economic Paths

China and the US concluded high-level talks in Geneva on May 10-11, focusing on economic and trade issues. Both sides reached key agreements, including the establishment of a new consultation mechanism. However, the discussions also highlighted differing views on the effectiveness of US tariffs. Wei Nanzhi, a research fellow at the Chinese Academy of Social Sciences, noted that US tariffs have proven ineffective, while China's economic policies remain stable. She emphasized the importance of maintaining global confidence in the face of economic uncertainty. The video also notes the recent decline in US GDP and the increasing inflation, suggesting underlying economic vulnerabilities. The contrasting economic trajectories of China and the US underscore the significance of these bilateral talks and the need for continued cooperation.