China-U.S. Trade Talks in Geneva Yield Unexpected Progress

According to BlockBeats, high-level trade discussions between China and the United States took place in Geneva, Switzerland, from May 10 to 11. On May 12, a joint statement was released, highlighting substantial progress that exceeded expectations. Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation, commented on the outcome of the talks, noting the difficulty in achieving such results. He attributed the success to the effective negotiation skills of the Chinese representatives, who firmly defended their legitimate rights. Additionally, internal pressures within the U.S. prompted them to engage seriously in the discussions.