The next US president and beyond

Vital role to play in globalization

Xu Yang [China Daily]

A lot of stabilizers exist in the China-US relationship. As the new leadership takes office in the White House, it will hopefully establish a new mechanism for the two major powers to interact and cooperate. And China's outbound investor swill surely help forge that mechanism by discussing market access with their US counterparts.

Trade protectionism is not a new issue; the trend is returning in many countries across the world. The G20 leaders and trade ministers promised at the Hangzhou summit in September to make globalization more inclusive so that small and medium-sized enterprises and many people left behind by globalization can participate in it and enjoy its benefits. The incoming Trump administration in the US will have a very big role to play to make that happen.

Xu Yang, chair of the Chinese Government Affairs Committee, American Chamber of Commerce in China