Economic and trade cooperation plays a prominent role in the global economic governance system. With both countries facing new economic environments and opportunities, it’s extremely importance to deepen cooperation for their own benefits and for overall global prosperity.

China’s ties with the two US allies continue to evolve, as Beijing develops new consensus with Seoul but finds accommodation with Tokyo more challenging. Domestic politics in the US and Japan may cast a shadow on future progress in China’s bilateral relations with both South Korea and Japan.

China’s ties with the two US allies continue to evolve, as Beijing develops new consensus with Seoul but finds accommodation with Tokyo more challenging. Domestic politics in the US and Japan may cast a shadow on future progress in China’s bilateral relations with both South Korea and Japan.

September’s global summits saw the U.S. and China agreeing to abide by the Paris Accord on limiting emission of greenhouse gases, an influential and important step in encouraging others to follow their lead. On other issues, the two countries took divergent paths.

Prime Minister Trudeau must introduce greater balance into Canada’s international trade profile in order to diversify from an overwhelming reliance on the United States and towards a bilateral relationship that will ensure trade growth with China, Canada’s second largest trade partner.

China plays a central role in driving global economic recovery and growth, and hosting the recent meetings showed the country’s potential to lead with new ideas. With the progress of China’s grand rejuvenation, China will be able to contribute more with Chinese wisdom, solutions and power to global economic development.

Despite the election-year rhetoric in the US, free-trade has been good for both countries and their people, and China and the US should both fight protectionism and support less-restricted trade to lead the global economy back to a path of strong, sustainable and balanced growth.

As Monday marked the end of the G20 conference, and what was likely President Obama’s last trip to China during his tenure as president, it is impossible not to look back at his relationship with China and its leaders over the past eight years.

A visit to China by Pentagon chief Ashton Carter could help increase mutual understanding, dispel some unnecessary misjudgments, and build more political trust between the two countries and their armed forces. For the sake of improving Sino-U.S. relations, the two sides should have grasped the opportunity rather than beating a retreat in the face of difficulties.

As the Obama presidency ends, expect the US-China partnership to become ever more complicated. Beijing and Washington will collaborate more on global issues, non-traditional security matters in particular, while contesting more on strategic domains and regional leadership — but there is still hope to forge a predictable and constructive future.