US Treasury Secretary Janet Yellen has called for "constructive" and "healthy" economic relations with China at a time when the Biden administration is pushing for unprecedented limits on American investments in the People s Republic.
Observers have attributed the plunge in US aviation exports to China over the past four years to ‘geopolitical differences’ and development of China’s home-grown C919 passenger jet.
The China Development Forum, the first in-person conference with foreign executives since borders reopened in January, was attended by an audience of 69 foreign CEOs eager to see an improving investment climate.
The fundamental mindset of Chinese tech companies is still driven by short-term profit, and they have always looked to the state to sponsor technological leaps.