The vice-chairman of the Chinese People’s Political Consultative Conference Tung Chee-Hwa has said Hong Kong can be a communicative platform for China.
The former Chief Executive of Hong Kong spoke at a forum titled “US-China Trade and Economic Relations: What Now, What Next.” At a press conference after the event, Tung said conflicts between China and the United States are not beneficial for either side. He also said being the world’s two largest economies and tech developers, their relationship has an effect on everyone.
He also said that Hong Kong can serve as an external communicative platform for China and the United States.
Tung pointed out that China’s rising middle class has an equally rising need for goods such as oil, gas and other consumer goods – all of which the US can provide substantially.
After the G20 Summit, Tung said he is optimistic in terms of the trade talks. “When the talk is going on, it’s always good news. If we’re fighting each other we both get hurt,” said Tung
Lawrence Lau, a Hong Kong economist and former vice-chancellor of the Chinese University of Hong Kong says the nature of China’s and United States’ economies are complementary and collaboration between the two is beneficial for the whole world. He used Germany and France’s economic ties after World War II as an example, pointing out that as economic ties get stronger, the probability of conflicts gets lower.
The forum took place on July 9 and 10. Leaders, scholars and politicians from all over the world were invited to speak at the forum.