The United Nations has expressed hope that upcoming talks between China and the United States in Switzerland will pave the way toward a more normalized trade relationship between the two global powers.
“We just hope that these talks will help the United States and China to move towards a more normalized relationship regarding their trade relations. As the Secretary-General made clear, there can be no winners in a trade war,” Farhan Haq, the deputy spokesperson for UN Secretary-General António Guterres, said during a daily briefing on Thursday.
Haq added that Guterres is particularly concerned about how global trade tensions could impact developing countries. “Any effort to avoid that would be welcome,” he emphasized.
He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of the State Council, is set to visit Switzerland from May 9 to 12. During his visit, He, acting as the Chinese lead person for China-U.S. economic and trade affairs, will meet with U.S. Treasury Secretary to discuss economic and trade issues, according to a spokesperson from the Chinese Foreign Ministry.
The talks in Switzerland are seen as a significant step toward easing trade tensions that have affected global markets and economies, especially in developing regions. The international community is watching closely, hoping for positive outcomes that could benefit global trade and economic stability.
