On July 6, 7 and 10, Gong Jiong, an expert at China Forum and vice president for research at UIBE Israel, gave interviews to Asharq News, Bloomberg Television and the BBC on US Treasury Secretary Janet Yellen’s visit to China.

Her trip can lead to progress on tariff issues between the US and China, and dialogue will also foster the coordination of macro policies between the two countries, said Professor Gong. The US and China are highly interdependent, and good bilateral relations are aligned with the interests of both sides, he added. In addition, the competition between the two countries in chips and AI should not slide towards a zero-sum game; in retrospect, competition has led to win-win results in history, said Gong.

Janet Yellen is the second US Cabinet-level official to visit Beijing within a month, showing that the bilateral ties are stabilizing and even improving, which is not expected to continue to decline in the run-up to the US elections, noted Gong.