3 months, 3 weeks ago

Appeal for levelheaded cooperation expressed

The president of a prominent business organization said that the United States and China have entered a new era in which technology is more tightly controlled, referring to the US expanded restrictions on semiconductor-related exports to China in the name of national security and China's retaliation measures, but he is hopeful about cooperation on global challenges. Allen noted China's robust response: banning the export of materials like gallium and graphite to the US, which he said could disrupt US manufacturing and commerce significantly. "I have great confidence that the incoming Trump administration will recognize the economic importance of a fulsome economic relationship with China, despite the calls for tariffs and whatnot," Allen said. "Let us focus particularly on global public goods, which are so obvious, including climate change, public health, food, safety, anti-proliferation, anti-narcotics," he said.

China Daily

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