Core Viewpoint - China calls for opposition to unilateral tariff measures and emphasizes the importance of maintaining a multilateral trade system amid increasing global trade volatility and uncertainty [1] Summary by Relevant Sections - **Current Trade Situation** - Global trade is experiencing heightened turbulence, with rising uncertainty and fragmentation risks [1] - The value of trade affected by restrictive measures has reached $2.7 trillion, the highest since 2009 [1] - **China's Proposal** - China submitted a written proposal titled "Suggestions for Supporting the Multilateral Trade System under Current Circumstances" during the WTO General Council meeting [1] - The proposal aims to strengthen unity and cooperation among WTO members to effectively support the multilateral trade system [1]

Group 1 - The term "China-US trade war" is deemed inaccurate, as it implies mutual responsibility, while it is actually a unilateral tariff war initiated by the US against global trade, with China opposing these measures [1] - The unilateral tariff measures by the US have negatively impacted international trade rules and the rule-based international trading system, particularly affecting smaller countries like Chile [1] - The US is attempting to coerce Chile into accepting unreasonable demands regarding key minerals and infrastructure, which could undermine Chile's sovereignty and economic development [2] Group 2 - China views international trade as a win-win scenario, asserting that there are no winners in a trade war, and emphasizes the need to counter unilateralism to maintain international fairness and justice [2] - Chile's economy is highly export-oriented, and maintaining a multilateral, open international trade system aligns with its national interests, as Chile has expressed opposition to US unilateral tariff measures [2] - There is a call for collaboration among China, Chile, and other countries to oppose unilateral tariff measures and coercive actions, promoting inclusive economic globalization and building a community with a shared future for humanity [2]

Core Viewpoint - China remains committed to expanding its openness to the world, regardless of international changes, and emphasizes the importance of mutual respect and equal negotiation in trade discussions with the U.S. [1][3][6] Group 1: Trade Relations with the U.S. - The Chinese government firmly opposes the unilateral tariff measures imposed by the U.S., highlighting the negative impacts these measures have on both countries and the global economy [1][3]. - China is willing to engage in dialogue with the U.S. but insists that any negotiations must be based on mutual respect, equality, and mutual benefit [3][4]. - Recent unilateral tariff actions by the U.S. have severely disrupted Sino-U.S. trade relations and posed challenges to global economic recovery [3][4]. Group 2: Cross-Border E-commerce - The U.S. has recently canceled the tax exemption policy for small packages from China, which is expected to negatively impact businesses and consumers in both countries [5]. - Despite the U.S. policy change, the momentum of cross-border e-commerce in China is expected to continue due to its unique advantages such as efficiency and cost-effectiveness [5]. - China expresses a willingness to collaborate with other countries to create a fair and predictable policy environment for the sustainable development of cross-border e-commerce [5]. Group 3: CPTPP Membership - China has been actively pursuing membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) since its application in September 2021, conducting thorough assessments and engaging in multi-level communications with member countries [5][6]. - The Chinese government is determined to align with high international standards in trade rules and is committed to advancing the CPTPP membership process [6].

Core Viewpoint - The upcoming high-level economic talks between China and the U.S. in Switzerland are initiated at the request of the U.S., with China emphasizing its commitment to safeguarding its development interests and maintaining international fairness and justice [1][2]. Group 1: Economic Relations - The economic relationship between China and the U.S. is characterized as mutually beneficial, with both countries accounting for over one-third of the global economy and nearly one-quarter of the world's population [2]. - The bilateral trade volume between China and the U.S. constitutes about one-fifth of global trade, highlighting the significance of their economic ties [2]. Group 2: Tariff Measures - The U.S. has implemented unilateral tariff measures that have severely impacted the China-U.S. economic relationship and disrupted international trade order, posing challenges to global economic recovery [2]. - China has taken strong countermeasures against the U.S.'s excessive tariffs, which have also harmed American businesses and consumers, leading to rising domestic inflation and increased recession risks in the U.S. [2][3]. Group 3: Trade Dependency - China's reliance on the U.S. for exports has decreased, with the proportion of exports to the U.S. dropping from 19.2% in 2018 to 14.7% in 2024, indicating a diversification of trade partners [3]. - In 2024, China's total goods trade value is projected to exceed 43 trillion yuan, reflecting a robust and resilient trade environment [3]. Group 4: Dialogue and Negotiation - China insists that any dialogue must be based on mutual respect, equality, and mutual benefit, rejecting any coercive tactics from the U.S. [3][4]. - The Chinese side emphasizes that genuine negotiations require the U.S. to acknowledge the negative impacts of its unilateral tariff measures and to demonstrate sincerity in correcting its approach [3][4].

Group 1: US-China Trade Relations - The recent US-China high-level talks are a response to unilateral tariff measures imposed by the US, which have severely impacted bilateral trade relations and disrupted the international economic order [2][3] - China emphasizes its commitment to defending its development interests and maintaining international fairness and justice, stating that any dialogue must be based on mutual respect and benefit [3] - China is open to negotiations but will not compromise on its principles or allow coercive tactics from the US [3] Group 2: Skechers Privatization Announcement - Skechers announced its decision to go private on May 5, which has caused significant market reactions, as it is the third-largest athletic shoe retailer globally [6] - The company reported nearly $9 billion in sales for 2024, a 12% year-over-year increase, but faced a 3% decline in sales in the Asia-Pacific region, primarily due to poor performance in China [6] - A coalition of 76 footwear companies, including Skechers, has petitioned the White House for tariff exemptions, citing the survival threat posed by current tariff policies [6] Group 3: Domestic Gold Prices - Domestic gold jewelry prices have surpassed 1,000 yuan per gram due to rising international gold prices, with major retailers adjusting their prices accordingly [9] Group 4: Domestic Tourism Growth - During the recent May Day holiday, domestic travel reached 314 million trips, marking a 6.4% year-over-year increase, with total spending amounting to approximately 180.27 billion yuan, an 8.0% increase from the previous year [11][12]

Group 1 - The core viewpoint of the articles emphasizes the importance of the upcoming high-level economic talks between China and the United States, led by Vice Premier He Lifeng and U.S. Treasury Secretary Janet Yellen, in addressing trade tensions and tariff issues [1][2][3] - The Chinese government has expressed its commitment to defending its development interests and maintaining international fairness and justice, stating that any dialogue must be based on mutual respect and equal negotiation [3] - The backdrop of these talks includes the U.S. government's unilateral tariff measures that have significantly impacted China-U.S. trade relations and the global economic recovery, prompting China to respond firmly [2][3] Group 2 - The Chinese side is open to negotiations but insists that the U.S. must acknowledge the negative impacts of its tariff policies and engage sincerely in discussions to resolve mutual concerns [3] - China aims to expand its openness and uphold the multilateral trading system centered around the World Trade Organization, while also resisting unilateral protectionism and hegemonic practices [3] - The upcoming meetings are seen as a critical opportunity for both sides to address pressing trade issues and potentially ease tensions in the economic relationship [1][2]

Core Viewpoint - The article discusses the upcoming visit of Chinese Vice Premier He Lifeng to Switzerland and France, where he will engage in high-level economic talks with U.S. Treasury Secretary and co-host the tenth Sino-French high-level economic and financial dialogue, respectively [1][3]. Group 1: Background of the Talks - The U.S. government has implemented unilateral tariff measures that have severely impacted Sino-U.S. economic relations and disrupted international trade order, posing challenges to global economic recovery [3]. - In response to the U.S. actions, China has taken strong countermeasures to defend its legitimate rights and interests [3]. - The U.S. has recently shown interest in adjusting tariff measures and has communicated with China through various channels, prompting China to agree to engage in talks [3]. Group 2: China's Position - China maintains a consistent stance that it will defend its development interests, emphasizing that any dialogue must be based on mutual respect, equality, and mutual benefit [4]. - China insists that the U.S. must acknowledge the negative impacts of its unilateral tariff measures and engage sincerely in negotiations to address mutual concerns [4]. - The article highlights that appeasement will not bring peace, and maintaining principled positions and fairness is essential for protecting national interests [4].

Core Viewpoint - The Chinese government is responding to unilateral tariff measures imposed by the U.S. since the new administration took office, which have severely impacted Sino-U.S. economic relations and disrupted international trade order [1] Group 1: Background and Context - Vice Premier He Lifeng will visit Switzerland from May 9 to 12 for talks with U.S. Treasury Secretary Janet Yellen, as part of ongoing discussions regarding tariff adjustments [1] - The Chinese side has evaluated U.S. communications regarding tariff issues and decided to engage in talks, considering global expectations and the calls from U.S. industries and consumers [1] Group 2: Stance and Principles - China maintains a consistent position that it will defend its development interests, emphasizing that any dialogue must be based on mutual respect, equal consultation, and mutual benefit [1] - The Chinese government warns against U.S. attempts to negotiate while continuing coercive tactics, stating that it will not compromise on principles or international fairness [1] Group 3: Commitment to Global Trade - China reaffirms its commitment to expanding openness and maintaining a multilateral trading system centered around the WTO, while resisting unilateral protectionism and hegemonic practices [1] - The Chinese government expresses a willingness to deepen mutually beneficial cooperation and strengthen communication with all parties to promote inclusive economic globalization [1]

Core Viewpoint - The Chinese government is open to dialogue with the U.S. regarding trade issues but emphasizes the need for mutual respect and fairness in negotiations, while firmly opposing unilateral tariff measures imposed by the U.S. [1][2] Group 1: Background of the Talks - The upcoming talks between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Janet Yellen are set against a backdrop of unilateral tariff measures by the U.S. that have significantly impacted Sino-U.S. trade relations and disrupted the international economic order [1] - The Chinese side has decided to engage in discussions after evaluating the U.S. signals regarding tariff adjustments and considering global expectations, Chinese interests, and calls from U.S. industries and consumers [1] Group 2: China's Stance - China maintains a consistent position of defending its development interests and international fairness, stating that it will not compromise on principles for any agreement [2] - The Chinese government insists that any negotiations must be based on mutual respect, equal consultation, and mutual benefit, and warns against U.S. attempts to use negotiations as a facade for coercion [2] - China emphasizes the importance of adhering to international trade rules and principles, asserting that appeasement will not lead to peace and that maintaining a principled stance is essential for protecting its interests [2]