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China Daily / 2023-11 / 22 / Page009

A new starting point for US, China business

By Harley Seyedin and James Eric Black | China Daily | Updated: 2023-11-22 00:00
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"Planet Earth is big enough for the two countries to succeed, and one country's success is an opportunity for the other." Last week, leaders of two of the world's largest economies took a step forward, something that can be best described in the words US astronaut Neil Armstrong used on July 20, 1969: "One small step for man, one giant leap for mankind."

The long-anticipated meeting between the two presidents resulted in commitments to increase bilateral cooperation in several key areas, including counter-narcotics, governance of artificial intelligence, and military affairs. This is the highest-level US-China meeting since the two heads of state met last year in Bali, Indonesia, and is the result of months-long efforts to stabilize ties. The meeting sets "a new starting point" for the relationship, with the hope of more collaboration to come.

We would like to congratulate both leaders for this historic and important meeting, a meeting that is expected to have deep and positive implications for the world of business, as it has reassured the business community and instilled renewed confidence in investors from the United States, China and across the globe.

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