China’s booming economy is a win-win for everyone, says Jeffrey Sachs, a renowned economics professor at Columbia University. In a recent chat with Xinhua, Sachs emphasized that the growth of China’s economy benefits not just the United States but the whole world.
“The trade relationship between the two countries should be mutually beneficial, not a win-lose situation,” Sachs explained. He believes that when China thrives, it creates opportunities globally, especially for young people looking toward the future.
Sachs highlighted the importance of mutual respect and teamwork. “The idea of mutual respect, cooperation, dialogue, and jointly problem-solving is really wise and of paramount importance,” he said. He urged leaders from both nations to come together to tackle global challenges like climate change and economic inequality.
For youths in the Global South, this message underscores the potential for international collaboration to create a better, more connected world. When major nations like China and the U.S. work together, it opens doors for shared progress and innovation.
Reference(s):
cgtn.com
