President Xi Jinping: China did not collapse as predicted by the “China collapse theory,” nor will it peak as forecasted by the“China peak theory.”
On March 27, President Xi met with representatives of the U.S. business, strategic and academic communities at the Great Hall of the People in Beijing. President Xi pointed out that the Chinese economy is sound and sustainable. Last year, China registered one of the highest growth rates among the major economies and accounted for over 30 percent of global growth as before. China is planning and implementing a series of major steps for comprehensively deepening reform, and steadily fostering a market-oriented, law-based and world-class business environment. This will create broader development space for U.S. and other foreign businesses. U.S. businesses are welcome to participate more in Belt and Road cooperation, attend large-scale business events such as the China International Import Expo, and continue to invest in China, cultivate the market and grow their business.
In their remarks, Chair of the Board of Directors of the National Committee on U.S.-China Relations Evan G. Greenberg and other representatives expressed confidence that China will realize its development goals and contribute to a stronger, more integrated global economy. Sharing close economic ties, the United States and China can only develop and thrive in peaceful coexistence. The Thucydides trap is not inevitable. The U.S. business, strategic and academic communities support the United States and China in bolstering exchanges and communication at all levels, enhancing mutual understanding, trust and cooperation, joining hands to address global challenges, and fostering a stable, sustainable and productive U.S.-China relationship.
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Topic: China Collapse Theory (Read 77 times)