The modernization of the FTA between China and New Zealand is undoubtedly bolstering the world’s confidence in multilateralism and economic globalization, a godsend for a world economy cast into the throes of unilateralism.
Although a soft reset arguably is in everyone’s best interests, neither side realistically expects relations to warm considerably overnight. Both realize relations are tense and even fraught on some fronts.
Western politicians and media long promoting the line that China was responsible for inflicting the COVID-19 pandemic on the world, need to admit they were wrong following the findings of a WHO scientific investigation.
The accumulation of Chinese health practitioners’ experience of many thousand years can be combined with the top-notch developments in natural science today – one just has to be open enough to think from a holistic perspective.
Ultimately, the populist narrative fits into American public discourse better than the facts.
China’s cross-border capital flows and foreign exchange market weathered severe tests in 2020, and showed stronger resilience and maturity on the whole.
Reversing the damage done by the Trump administration will not be easy. It will take time, patience, and persistence. But the opportunity for a new engagement strategy between Europe, China, and the United States is a precious one, which President Biden and his team should nurture and cultivate.
China has proved with its actions that it is resolute in pursuing global cooperation which is needed to achieve economic prosperity for the entire international community.
The claim that U.S.-China prosperity is a zero-sum game of competition where there are winners and losers is misleading.
It is the integration and continuous development of various cultures that have created the splendor and brilliance of the Chinese civilization of 5,000 years, which demonstrates the strong sense of cohesion of the Chinese nation.
The U.S. “cotton ban” doesn’t promote human rights. It is another coercive economic measure against China that hurts the very people it says it seeks to help.
