Group 1 - The "International Economic Situation Seminar" held in Phnom Penh aims to deepen understanding of the current international economic landscape and explore new challenges and opportunities amid rising unilateralism and trade protectionism [1] - The seminar emphasizes the importance of regional cooperation and high-quality development in response to the complex international environment [1][2] - The event serves as a platform for gathering insights and fostering development among Cambodian Chinese and Hong Kong business communities [1] Group 2 - Zhao Haiyan highlighted the accelerated changes in the global landscape, with the rise of global southern countries and the need for international cooperation to address deficits in peace, development, security, and governance [2] - China maintains its position as Cambodia's largest trading partner and foreign investor, contributing significantly to Cambodia's economic development [2] - The relationship between China and its neighboring countries is at its best historically, with a focus on creating a community of shared destiny [2] Group 3 - Hong Kong's economy is impacted by U.S. tariffs and unilateral policies, but it demonstrates strong resilience due to support from the central government and its economic foundation [3] - Hong Kong's strategy focuses on leveraging its connection to the mainland while expanding its global trade network, including establishing trade offices in various countries [3] - Trade with ASEAN has significantly increased, with ASEAN becoming Hong Kong's second-largest goods export market, reaching a bilateral trade total of $165 billion in the previous year, a 14% increase [3] Group 4 - The seminar featured discussions by experts on global macroeconomic trends, emerging market dynamics in Asia, and new opportunities for China-Cambodia economic cooperation [4]

Core Viewpoint - Brazilian President Lula's strong support for China's response to "reciprocal tariffs" reflects a growing backlash against unilateral trade policies from the U.S. [1][3] Group 1: Brazil-China Relations - Lula emphasized that friendly relations with China are a correct choice for Brazil, highlighting the strategic importance of their partnership [1] - Lula's public endorsement of China's firm stance against U.S. tariffs resonates with many developing countries that oppose U.S. trade practices [3][4] Group 2: U.S. Trade Policies - The U.S. has announced tariffs as high as 145% on Chinese products, prompting a decisive response from China, which views this as a matter of fairness and justice [3] - The U.S. is experiencing internal pressure due to rising dissatisfaction with high tariffs, as evidenced by a 0.3% decline in GDP and significant price increases in e-commerce [6][8] Group 3: Global South Perspective - China's response is seen as a fight for the voice of the "Global South," challenging the dominance of Western economic rules [4] - The sentiment among BRICS nations, including Brazil, is shifting towards advocating for diplomacy and cooperation rather than unilateralism [8] Group 4: Future Cooperation - Lula expressed a desire to work with China to enhance the BRICS mechanism, indicating a strategic alignment in the face of global governance changes [6] - The collaboration between China and Brazil is viewed as a critical support for the reconstruction of a new international order amidst increasing multipolarity [8]