Between China and the US, one nation’s rise is not equivalent to the other’s demise. The United States and China must commit to each other’s prosperity if they want to reach a successful concession in their trade dispute.

The viewpoints of Washington and Beijing on technology and technology transfers are fundamentally opposed, and unless China hawks in the Trump administration accept this, the chances of a real deal will be low.

The trust deficit between China and the U.S. is resulting in irrational policies and harm to both countries’ economies. A range of mechanisms to enhance dialogue and coordination have been set up over the past 40 years. Relaunching and revitalizing these mechanisms will be essential to establishing a new, mutually beneficial model for China-U.S. co-existence.

Dealmakers always know when to cut their losses. And so it is with the self-proclaimed greatest dealmaker of them all: US President Donald Trump. Having promised a Grand Deal with China, the 13th round of bilateral trade negotiations ended on October 11 with barely a whimper, yielding a watered-down partial agreement: the “phase one” accord.

Many economists say that a major global financial crisis before the 2020 presidential election is possible. If the decision helps back away from the cliff, it may well help Trump’s chances for re-election.

Due to Pakistan’s flawed policies, Iran has become the new favorite BRI country of China in the South Asian and Middle Eastern region.

If current negative global trends continue, China is likely to step up efforts to keep growth above the line. It will continue to serve as the largest contributor to global output in any event.

Chinese and U.S. economies are highly complementary, and cooperation between them has an important bearing on the efficacy of global governance and the sustainability of global economic growth. Yet the ongoing trade war continues to do harm to both economies and to erode trust between the two nations.

Beijing and Washington are close to reach a deal for Trump and Xi to sign off when they meet in Chile in Nov.

China and the U.S. reached a "phase one" agreement to deescalate the trade war.