Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement with Asia's largest economy.
. Still, the country's expert class is emphasizing what the U.S. has to gain from cooperating with Beijing.
"In the next 20 to 30 years, the U.S. shouldn't miss out on this opportunity and lose the China market," Wei Jianguo, a former vice minister at China's Ministry of Commerce, told CNBC in an interview Wednesday. He is now vice chairman and deputy executive officer at Beijing-based think tank China Center for International Economic Exchanges.
"I believe Americans should grasp this opportunity. This big economic system will give America more material benefits, including employment, including products, including product exports, including revenues," Wei said, according to Mandarin-language remarks translated by CNBC.On the same day, two speakers addressing foreign reporters at a small press event organized by the government's main information office echoed some of Wei's sentiments.
"My personal view is that, from the perspective of U.S. businesses, if the trade war continues, it will … have a negative impact on what was a good relationship between U.S. and Chinese businesses," said Li Yong, deputy director of the expert committee at the China Association of International Trade, which falls under the Commerce Ministry's direct leadership. "At the end of the day, the image and influence U.S. businesses have developed over the long term will .
The other speaker, Zhang Yansheng, head researcher at the China Center for International Economic Exchanges, also emphasized that Beijing would like to keep negotiating with the U.S. It could even be a years-long process that cycles through negotiation and fights, he said.have promoted the country's ability to defy pressure from the U.S. For the last several days, the national broadcaster CCTV has also been airing anti-U.S. movies set during the Korean War.
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