Business communities in China and the United States are desperately hoping both sides will effectively manage risks and enhance stability and transparency in critical areas such as export controls, technology exchange, and shipping services. Such measures are essential in providing businesses with clearer and more stable expectations, Zhao Zhongxiu, president of the University of International Business and Economics in Beijing, said in an exclusive interview with China Perspective.

Zhao also noted the broad consensus among the public and business sectors of both nations to expand economic cooperation, including that in third-party markets.

By effectively managing risks and enhancing predictability, more stable China-US economic and trade ties will inject positive energy into global economic growth, he said.

However, he also pointed out that past interactions between the two countries on trade disputes have made all parties aware of China's resolution on safeguarding bottom lines and red lines.

"Any challenge to these bottom lines and red lines will be met with resolute countermeasures from China," he said.